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WriteDown (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 08:55 AM Original message |
Obama Transition Said to Consider a ‘Prepack’ Auto Bankruptcy |
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notadmblnd (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 08:58 AM Response to Original message |
1. Union busting, that's what this is all about. |
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bookman (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 10:16 AM Response to Reply #1 |
7. I agree.. |
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PSPS (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 11:04 AM Response to Reply #1 |
8. There has been a lot of right-wing code in the media about this |
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liberal N proud (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 12:27 PM Response to Reply #1 |
10. That and nothing more |
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Honeycombe8 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-22-08 08:45 AM Response to Reply #1 |
17. Yeah, the Repubs are using this to try & break the unions. BUT...concessions |
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Demeter (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 08:59 AM Response to Original message |
2. It Sounds Perverse |
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WriteDown (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 09:10 AM Response to Reply #2 |
3. You are assuming our mages in Congress can.... |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 09:19 AM Response to Original message |
4. CNBC reported earlier that the prepack option has already been shot down by Obama |
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zipplewrath (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 09:25 AM Response to Original message |
5. A missed opportunity |
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customerserviceguy (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 01:06 PM Response to Reply #5 |
11. As I understand it, those retirees |
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amandabeech (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 06:52 PM Response to Reply #11 |
14. Please read the 2007 UAW contracts with the Big 3. |
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Profprileasn (127 posts) Send PM | Profile | Ignore | Fri Nov-21-08 09:26 AM Response to Original message |
6. How will that work? |
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FarCenter (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 11:58 AM Response to Original message |
9. Chapter 11 is needed in order to eliminate 2/3 of the dealers |
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amandabeech (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 06:57 PM Response to Reply #9 |
15. If they aren't profitabale, they will shake themselves out. |
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Better Believe It (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 01:52 PM Response to Original message |
12. So Obama's "Team" Is Going Along With The Destruction Of Domestic Auto Industry |
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drm604 (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 05:06 PM Response to Original message |
13. From CNBC - Obama not eyeing prepackaged carmaker bankruptcies |
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amandabeech (1000+ posts) Send PM | Profile | Ignore | Fri Nov-21-08 07:03 PM Response to Reply #13 |
16. The Gov will have to provide the $$$$ for the financing in a pre-packaged bankruptcy. |
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