Joined: Dec 2005
Posts: 2243
Big "3" Meets Tomorrow...
12/1/2008 at 7:37 PM
The Big "3" are going after their government loans tomorrow. Any predictions on the outcome?
I have read a lot of stories, mostly related to GM, that seems to show that GM are trying their best to do what they can and avoid bankruptcy. Jets for sale, Tiger Woods deal gone, Hummer for sale, just to name a few. I also think they are saving a few things maybe to awe everyone, maybe even a ramped up production speed on the Chevy Volt, who knows!
I also read an article today that said basically the US government paid an outside organization to study and provide a report on the economy. Basically it stated that the US has been in recession since December of 2007! Buh?!?! WOW!
I think the Big "3" will get some, if not all of their money tomorrow as I have also read, if they don't, recession could very well become Depression!
Krunch