Wow this is really awful. Looks like their best bets are bankruptcy and getting the alternative energy loan. Although bankruptcy is only going to cause a domino effect of bad news in this industry. Surprisingly they are forecasted to close up (www.predictwallstreet....). Last time they were predicted to close up, the forecast was correct. I'm unsure as to why sentiment is so bullish when there on the brink of bankruptcy though. Maybe the calm before the storm..
Today's Other Bailout: $25B for Auto Makers [View article]
eh whats another 25 billion these days anyway? its about time though these companies chuck the suv's and get green. no way these companies could continue they way they were when everything around them is so drastically changing.
How Not to Bail Out Detroit [View article]
'Big Three' Badly in Need [View article]
Today's Other Bailout: $25B for Auto Makers [View article]