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The only problem with an arranged bankruptcy is that everyone will lose their pensions, health benefits, stocks, warranties, and jobs. It'll like Enron to the billionth power. Oh, and the courts can opt to erase certain debts GM has, so parts manufacturers, suppliers, etc. will get screwed out of billions of dollars too.
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Originally Posted by Tru2Chevy
Steve has a thing for sheep....
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'78 Big Wheel- 2FWFP
Last edited by SteveR; 11-18-2008 at 11:23 PM.
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