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Originally Posted by rickholio
100% belly up seems unlikely. There's just too much pork wink-and-nod money there for either of em to disappear outright. However, even a 'simple' chapter 11 would cause immense pain and suffering. Like I said, the debt, market cap and scope of these companies dwarfs that of enron, and enron was disasterous for the market.  |
Ask dodge how close they were to death in the 80's until Lee Ioccoa left Ford and saves their ass. No chapter 11's for either Ford or Chevy, wont happen. IMO anyway. Ford's absolute stranglehold on the truck market is astounding.