
04-08-2009, 06:39 PM
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CC Member
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Join Date: Feb 2008
Location: Jacksonville,
FL
Cobra Make, Engine: Kirkham #570 w Shelby FE
Posts: 1,009
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Not Ranked
These compaies were to big to fail...
Which is exactly why they should have told the UAW and the feds (collectively) to pack sand and go ahead and shut down a few plants.
The losses would have been minimal compaired to what they're facing now.
Ah well, three months and billions later GM is prepping to file bankrupt. Chrysler will follow a month later...
I find it amazing that a company can sell a half million cars a month and can't keep the doors open.  I however am not stunned by the fact that the government failed to fix it.
Last edited by Ronbo; 04-08-2009 at 06:42 PM..
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