View Single Post
  #41  
Old 11-20-2008, 03:37 PM
Steverino Steverino is offline
Registered User
 
Join Date: Mar 2002
Location: Illinois-NW
Posts: 702
Red face I Will Also Add

Should the bailout plan fail...
IMO
Ford, GM, and Chrysler should all file for restructuring. This is truly what the US industry needs at this time, not another lump sum of money that goes towards the bottomless pit. Chrysler's own consulting groups say that an additional 30 billion would be consumed in the first financial quarter of 09.

All three of these organizations need a complete overhaul and a filing for restructuring would go a long way in facilitating this end.
Reply With Quote