> Mo wrote: > If a dealer is credit worthy, someone will pick up their floorplan. >
Personally I wouldn't give ANY GM dealer credit right now! In any event I'm always glad when someone else puts their money down - that way I get the thrill ride without the downside. During the internet bubble implosion, a friend made $60k over 3 days on WorldCom. Personally I think GM goes bankrupt during Q2 2009 especially with a McCain election. I guess I'm not seeing the downside of to letting them fail. The government get the pensions - which they would anyway - the workers continue to work under their existing contract, the debt gets restructured, and they re-emerge in WAY better shape. In fact, now that I think about it, I'm not sure why they don't go into bankruptcy right now. Maybe they will. The only real losers of a GM bankruptcy would by stockholders and there very few of them. and those that are left are clearly nuts. :) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:276372 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
