President Bush feels that a free fall into bankruptcy would be devastating to the US and you call him a boob. Seems to me that the so-called experts agree with that position as do most rational human beings. I think that he would prefer that the companies and one of the main reasons for this current state of affairs get together and make the concessions necessary to put these companies back in a position to compete. If they aren't willing to do that, then an orderly method to preserve these companies would be far preferred to chaos. That said, no matter what happens, there is no guarantee that any of these 3 companies will come out the far side of this intact.
::michael Nicholas Geti wrote: > http://tinyurl.com/4pn7u6 > > Bush thinks he can avoid a "disorderly bankruptcy" of the auto industry by > forcing a "managed one" outside of bankruptcy court. What a boob. He cannot > manage the war, economy or anything else and he thinks he can now manage the > auto industry. What a joke. > > Bankruptcy courts have years of experience dealing with this technique. They > are very orderly although they do take a long time and the lawyers make a > killing. > > > --- StripMime Report -- processed MIME parts --- > multipart/alternative > text/plain (text body -- kept) > text/html > --- > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
