How can Chrysler/GM file bankruptcy and then come back?
They say that Chrysler is going to restructor the company, where are they going to get the money after bankruptcy?
how can someone keep the money to owe?
Posts Tagged ‘chrysler’
how come pelosi schumer and obama?
ALL said bankruptcy was not an option? or that they were too big to fail? and said no more money, til they proved viable, and gives chrysler 8 billion more last week? they knew they were gonna go bankrupt months ago. this whole thing is a tub of sh!tt, and we are gonna be out 12 billion. does it prove none of them know what the hell are they doing? is it what the free market would have done, i.e. let it fail, and restructure thru another company, and be back up and running? isn’t that kinda what’s happening now?
How many think we should let The auto makers go bankrupt? Please explain how you feel.?
My thinking is . That the people make too much money. Average 75 dollars an hour. They have the unions to fight for them.That cost a lot.They have big payout to their retirees. Why can’t they take a cut in pay? Get rid of the unions. have all the upper management take no bonuses. There is so much they could do to cut cost. My brother worked there for 3 years and was given 100 thousand dollars and a free car. This was fine and dandy till they couldn’t afford it anymore.
All the money they could have saved ,could be used to making fuel friendly cars at lower prices. Why by a ford,gm or chrysler, when it cost you more and the product is worse than the foreign cars?. You are paying 30 more per hour to get your domestic car. This is one side and I realize there are some benefits to helping them.I will write that latter. Plz don’t get offended I just want to hear all sides to this story.
Carguy I thought it was lower also. Today it was reported on cnn that the average was 75 per hour while `Japanese cars were 45.per hour. Like I said I know there is another side to this story. My family worked for GM and I am just saying what it feels like for people who do not have such cushy benefits. You know you would rather got down to 50 dollars and hour than not have a job at all.
Since obama gave Chrysler to the UAW how long will it be before they are bankrupt again?
It will be interesting to see how low the UAW will go in their salaries to prop up Chrysler
Stand by and let our industrial might go bankrupt, fall into the hands of potential enemies?
US industry GM, Ford, Chrysler, Steel. etc were critical to America surviving and winning WW ll, Korea, etc.
These factories could be bought by Muslims with our money, then the doors shut, workers laid off, the plants dismantled and junked or shipped out of the country. With no defense left for the country, how will we feed all the poor? And stop the barbarians from sacking the country?
When will this economy improve?
In the fall of last year, I thought the economy might be turning around by now. Now Chrysler is going into bankruptcy and GM is following. This means all the dealerships will suffer and the suppliers etc. etc. We have tent cities going up and more people are losing their homes.
Where will all the "blue collar" workers find other employment opportunities? I know that there is a push for alternative energy and infrastructure rebuilding, but I can’t see that this will be enough.
If we can turn it around, what do you think the economy will be like in 10 years. Where will the manufacturing jobs be?
And not just in 10 years, when do you think the economy will turn around?
What Will Happen After The Big 3 Go Bankrupt?
I know we’ve had Ford GM and Chrysler for a long time, but what should happen if our car companies go out of Business, and how are we going to manufacture or transportation?
with gm and chrysler likely to file bankruptcy next week should i sell other stocks?
In the past several weeks my stocks have all done very well. Now do do you think everything is going to crash if chrysler begins bankruptcy and liquidation next week. The stocks are not in automakers but will this have a bad effect on all stocks?
Should the Big Three auto companies be allowed to go bankrupt?
If they do go bankrupt, won’t that leave the small suppliers holding the bag for money owed to them by Ford, Chrysler, and GM? How would that impact the economy?