3rdnlng Posted February 28, 2012 Posted February 28, 2012 3rdnlng, on 27 February 2012 - 09:54 PM, said: Bankruptcy Court has certain standards they need to adhere to. There is a reason. GM could have gone into Chapter 11 and let the courts decide. They cuddled up to Obama because they had no balls and let Obama give a large portion of the company to the union that put them in trouble. They screwed the preferred stockholders, you know the ones that had actually invested in the company. In the end it's going to be rather humorous watching the UAW negotiating with th UAW. The very fact that a pos like you is repeating this garbage points to the total bankruptcy of this argument Uh, I'm commenting on the response, which was Dave In Norfolk's.
ExiledInIllinois Posted February 28, 2012 Posted February 28, 2012 Let it go man... Let it go... Sheesh!
Bigfatbillsfan Posted February 28, 2012 Posted February 28, 2012 3rdnlng, on 27 February 2012 - 09:54 PM, said: Bankruptcy Court has certain standards they need to adhere to. There is a reason. GM could have gone into Chapter 11 and let the courts decide. They cuddled up to Obama because they had no balls and let Obama give a large portion of the company to the union that put them in trouble. They screwed the preferred stockholders, you know the ones that had actually invested in the company. In the end it's going to be rather humorous watching the UAW negotiating with th UAW. The very fact that a pos like you is repeating this garbage points to the total bankruptcy of this argument Uh, I'm commenting on the response, which was Dave In Norfolk's. Wow, you must be running out of stupid stuff to start topics with.
3rdnlng Posted February 28, 2012 Author Posted February 28, 2012 Wow, you must be running out of stupid stuff to start topics with. No, there's always you and DIN to make fun of.
Rob's House Posted February 28, 2012 Posted February 28, 2012 If your concern is that the union and the company are supposed to have a symbiotic relationship & the practice of handing over ownership of the company to the union when the company fails upsets the balance of that relationship by removing the union's incentive to see the company survive, you're not going to make much headway with the usual suspects. Sure it's a perversion of justice and a potentially destructive precedent, but these guys think it's all rightly property of the government anyway.
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