Thread: GMAC To Get 3.8 Billion More
View Single Post
  #3 (permalink)  
Old 12-31-2009, 10:04 AM
Excaliber Excaliber is offline
Senior Club Cobra Member
Visit my Photo Gallery

 
Join Date: Jul 2002
Cobra Make, Engine:
Posts: 15,712
Not Ranked     
Default
We could let them go broke? Not sure what would happen, something bad I suppose? The bulk of their debt is toxic housing related sub prime loans. There kind of hard to sell, even at a discounted price.
Reply With Quote