sportsfan1999

How Bankruptcy Would Wreck GM, Chrysler

Does anyone find it odd that we would trust our lives to a bankrupt airline, but few would buy a car from a bankrupt automaker?

GM, Ford: Big Mistakes Keep Piling Up

Another 'expert' adding to the dog pile. If everyone knew this past March that gas would go way beyond $4.00, we would all be rich cuz we could have played the market. So everyone knows there are problems, Mr. Shedlock. Why don't you help become part of the solution-drive a new GM product for a week-you will be pleasantly surprised at the quality and price. Then you can tell the world that they should try one too.

GM Slashes Benefits: One Bad Decision After Another

Well Mr. Cara, you are entitled to your opinion, even if it is wrong. Yes, these workers gave their best years to GM. But they were rewarded pretty well during those years, mostly due to union leverage that negotiated fat pay rates for less work than the average worker. In some cases, during shutdowns, workers were paid not to work. I personally know a Ford engineer that was paid 7 months to not work. This is a reality check, and unless you prefer they receive no pension whatsoever due to bankrupty, there aren't many better alternatives.