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Re: GM would need cash to acquire Chrysler
I don't know how much each side has on hand, but I do know what the Government has proposed: To bailout Bad home loans, thus helping GMAC and its subprime Lender Di-Tech, and get them back on track. Also the Government plans to lend GM and Chrysler each billions of dollars, that may allow those troubled automakers a jump start on recovery. Just to remain in business is a win, win.
I understand that GM/Chrysler have been in negotiations for some time and have managed to collaborate on Truck production and Hybrid Technology. I don't know how extensive this is or could be, perhaps here lies the muse.
For the sake of the American Auto Manufacturing Industry I sincerely hope something will work out.
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Anticipating Movie: Anything in Blu-Ray --my new Favorites Star Trek Movie 2009 and Quantum of Solace"
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