View Poll Results: which month will GM file for Chapter 11?
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GM bankruptcy thread
Registered User
Joined: Mar 2001
Posts: 954
From: Shelton, WA
I never said I believe every post
But many do make sense
Well its no big deal right now.....
In a few Days GM will report their Earnings
If their earnings are that bad,,,,wellllll I think GM will be history
before years end.....
gee and I didnot want to buy a Challenger Rt,,,but I guess I will have too now
But many do make sense
Well its no big deal right now.....
In a few Days GM will report their Earnings
If their earnings are that bad,,,,wellllll I think GM will be history
before years end.....
gee and I didnot want to buy a Challenger Rt,,,but I guess I will have too now
You will also be able to buy a Camaro, because GM will be around for you to do so. Why? Because the precedent has already been set by the bailouts of all these large, failing insurance companies/banks/financial institutions. The government (our tax dollars) will bail GM out.
Banned
Joined: Jun 2008
Posts: 107
Geee I would like to buy a Camaro SS over a Challenger Rt.
I think when Feb or March rolls around the 2010 Challenger Rt will be out a few months after that...and why buy a 2009 Challenger Rt at that time?
As for the 2010 Camaro SS its a deal since we will see the car in early March,thats if we do?
Lets see what happens in the next few days where GM earning will be,,,,Today was not a good day for GM and all the auto companys.....
I think when Feb or March rolls around the 2010 Challenger Rt will be out a few months after that...and why buy a 2009 Challenger Rt at that time?
As for the 2010 Camaro SS its a deal since we will see the car in early March,thats if we do?
Lets see what happens in the next few days where GM earning will be,,,,Today was not a good day for GM and all the auto companys.....
Banned
Joined: Nov 2008
Posts: 11
If United Airlines,Delta and northwest could all go BK11 and then come
back as better companys why can't GM go and do the same?
What about lowering GM taxes in Mich,that will bail them out without the help of taxpayers
Lets Bailout the Sands,Mgm of las vegas also while we are giving bailouts.
They might also go BK11.NL
back as better companys why can't GM go and do the same?
What about lowering GM taxes in Mich,that will bail them out without the help of taxpayers
Lets Bailout the Sands,Mgm of las vegas also while we are giving bailouts.
They might also go BK11.NL
Registered User
Joined: Nov 2001
Posts: 1,178
From: Payson, AZ USA
Geee I would like to buy a Camaro SS over a Challenger Rt.
I think when Feb or March rolls around the 2010 Challenger Rt will be out a few months after that...and why buy a 2009 Challenger Rt at that time?
As for the 2010 Camaro SS its a deal since we will see the car in early March,thats if we do?
Lets see what happens in the next few days where GM earning will be,,,,Today was not a good day for GM and all the auto companys.....
I think when Feb or March rolls around the 2010 Challenger Rt will be out a few months after that...and why buy a 2009 Challenger Rt at that time?
As for the 2010 Camaro SS its a deal since we will see the car in early March,thats if we do?
Lets see what happens in the next few days where GM earning will be,,,,Today was not a good day for GM and all the auto companys.....
Chrysler is, for the most part, done. Cerabus will split it apart, and sell off the pieces.
Banned
Joined: Nov 2008
Posts: 11
I also agree with you that Chrysler will not be around when he wants to buy a 2010
Challenger
But then again GM might not be around also soon,I seen no bailouts for GM.
I cannot believe that Ford might be the only US Company around in 2010 and I would hate to buy a Mustang with 300Hp in it.NL
Challenger
But then again GM might not be around also soon,I seen no bailouts for GM.
I cannot believe that Ford might be the only US Company around in 2010 and I would hate to buy a Mustang with 300Hp in it.NL
Registered User
Joined: Dec 2005
Posts: 1,502
GM's report today stated that they may run out of cash before the end of the year, so it turns out those Yahoo posters aren't necessarily yahoos.
Thread Starter
Banned
Joined: Jul 2001
Posts: 3,604
From: Milton, FL
GM Retains Bankruptcy Counsel
http://biz.yahoo.com/rb/081211/busin...sers.html?.v=2
http://biz.yahoo.com/rb/081211/busin...sers.html?.v=2
GM board hired advisers to consider bankruptcy
Thursday December 11, 7:26 pm ET
DETROIT (Reuters) - General Motors Corp hired outside advisers to weigh bankruptcy, but the board determined that a filing was not an option for the struggling automaker, a GM spokesman said on Thursday.
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"We said all along that the board had considered bankruptcy and had concluded it was not a viable option," GM spokesman Tony Cervone said.
"The board continues to meet frequently and to weigh all options and has retained appropriate advisers for all contingencies."
GM is lobbying for a share of a $14 billion auto rescue package stalled in Congress and has warned it could run desperately short of cash by the end of this month without an emergency federal loan.
Thursday December 11, 7:26 pm ET
DETROIT (Reuters) - General Motors Corp hired outside advisers to weigh bankruptcy, but the board determined that a filing was not an option for the struggling automaker, a GM spokesman said on Thursday.
ADVERTISEMENT
"We said all along that the board had considered bankruptcy and had concluded it was not a viable option," GM spokesman Tony Cervone said.
"The board continues to meet frequently and to weigh all options and has retained appropriate advisers for all contingencies."
GM is lobbying for a share of a $14 billion auto rescue package stalled in Congress and has warned it could run desperately short of cash by the end of this month without an emergency federal loan.
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