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GMGMQ.PK
James Shaw
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GM Could Benefit from Bankruptcy
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]
No more bailout.
We should not provide 700 billion to financial at the first place. Look at what happened:
Bank stocks, insurance stocks, all lost at least 50% since the bail out.
No auto bail out please. Just go to bk. Reorganize car industry similar what airline did few year's back.
Once bail out passed, market may bounce back some but will dive afterwards.
Nov 20 01:33 am
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GM Could Benefit from Bankruptcy [View article]
We should not provide 700 billion to financial at the first place. Look at what happened:
Bank stocks, insurance stocks, all lost at least 50% since the bail out.
No auto bail out please. Just go to bk. Reorganize car industry similar what airline did few year's back.
Once bail out passed, market may bounce back some but will dive afterwards.