Alanrich

How a Bankrupt GM Should Merge with Chrysler

All the legacy cost will be paid by the US government anyway, all the pensions from all the auto companies, Gm, Ford, Chrysler, will all file bankruptcy. The supplier network will be gone, their pensions will be passed on to the taxpayers throw in the cost of unemployment insurance, but don't worry. The autoworkers will be taught a lesson! But then so will thousands of engineers, accountants, lawyers, Doctors, if you can name the vocations they will be out of work. How about those professors at all the colleges teaching all those students who will no longer be able to go to school. Oh Yea! Borrow the money. That works swell, when there is no job to be had to pay back the loan.