Quote:
Originally Posted by BonzoHansen
But if they do C11 on their own w/o govt interference (make no mistake this money is going to have enough strings attached to consider management marionettes) the govt has no cards in the game and will not cover the warranties.
I ran down to CC and used the couple gift cards I had ASAP.  |
Well, it would most deffinatly have to come down to that. If the goverment were in fact to let GM go Chap 11, they would have to do enough to keep consumers confident in buying GM. But there is a flaw in that, because of the economy being so ******, why would they buy a GM product?
Chap 11 is not a choice. Any time the BK word hits, things get rough and no one would buy from them.
Do not compare it to the airlines. Compare vs retail stores.
Airlines are just selling a service for about 1/100th or less the price of an average car.