Another big company that might go under: http://news.yahoo.com/s/nm/20090214/ts_nm/us_gm_plan
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probably the best they can do to get rid of pension plans and high wages -
Charter cable is also thinking bankruptcy.Comment
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Yep, I'm thinking GM's bankruptcy is inevitable. Fuck, that's going to send stocks into the abyss.Comment
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that shit was coming sooner or laterCompound interest.Comment
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I think we still have a long way to go with this stuff. I'd be suprised if GM actually went under, but you never know these days. My bank folded Fri... I just found out about 30 mins ago.In November, you can vote for America's next president or its first dictator.Comment
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well good news it wasn't mine.. it was another FL bank with the same name.
This one is mine they just put a message up saying it's not them..lol
http://www.riversidenb.com/
The other one was also called Riverside.Last edited by crockett; 02-14-2009, 03:54 PM.In November, you can vote for America's next president or its first dictator.Comment
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As the saying goes: "What's good for GM is good for America." Maybe the whole country should declare bankruptcy?Comment
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Tell that to the 75 yr old guy who busted his ass there and is living off that pension he earned. Also if everyone makes 10 bucks an hour they cant buy much.
Nissan is laying off 20,000 and they have no unions. if banks dont open credit again you will eventually see them all fail.Comment
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GM just go away...foreverComment
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No surprise there, they've been going under for quite some time now and the layoffs continue to riseJuicy Ads - Buy & Sell Quality Traffic!!Comment
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snap.....Comment
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wait... didn't they get bail out $? whole lot of good that did :/Comment
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Yeah, Tony...but like I told you when the first bailout was happening, just because the govt. gave them BILLIONS of dollars didn't mean that even one job would be safe.
My grandfather worked hard all of his life. He busted his ass as a farmer, a rancher, and finally worked and became a milllionaire in the citrus industry. No union required. No pension plans, and no govt. assistance. He's 89 years old now and lives with my dad after suffering several strokes a few years ago.
Never asked for anything. Never took anything. And paid more in taxes than many of the folks in this thread have made in their entire lives. THAT is America.
Govt. bailouts and companies being bled to the ground is not supposed to be what this country is about in my opinion.
Just saying tony...the bailouts didn't save one job. Just like I said before. They aren't aimed at saving those jobs. They are aimed at saving those companies so that maybe one day there might be a job there for someone in the future at a reasonable wage so that people can actually afford to buy a car without having to put it on a 5 year financing plan.Last edited by Robbie; 02-14-2009, 08:04 PM.-Robbie
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wow... we are all so surprised
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