GM Inside News Forum - View Single Post - Obama Transition Said to Consider a ‘Prepack’ Auto Bankruptcy

zlohban · 11-21-2008, 10:14 AM

GM begging in front of congress evokes the same " I Won't Buy till the Dust Settles" fear into buyers as a bankruptcy. GM should take advantage of the economic times and take a "Prepack".

Leave Detroit, leave the lofty towers, keep the best plants, keep Chevrolet and Cadillac, loose everything else.

The corporation that I work for left NY City a few years back and moved to a mid-sized city and uncovered enough dead weight to eliminate half of the HQ employees.

Moving cleans a house.

11-21-2008, 10:14 AM	#6 (permalink)
zlohban 2.4 Liter SIDI ECOTEC Join Date: Mar 2005 Location: Kansas City, MO Drives: 09 HHR LT2 06 SRX Posts: 174	Re: Obama Transition Said to Consider a ‘Prepack’ Auto Bankruptcy GM begging in front of congress evokes the same " I Won't Buy till the Dust Settles" fear into buyers as a bankruptcy. GM should take advantage of the economic times and take a "Prepack". Leave Detroit, leave the lofty towers, keep the best plants, keep Chevrolet and Cadillac, loose everything else. The corporation that I work for left NY City a few years back and moved to a mid-sized city and uncovered enough dead weight to eliminate half of the HQ employees. Moving cleans a house.