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Old 02-12-2006, 12:36 PM
Missouri Mule Missouri Mule is offline
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Real Name: Richard W.
Location: East Texas
Hybrids: 2006 Ford Escape
Posts: 43
Default Re: Could Bankruptcy Actually Help GM?

A news article I just ran across pointed out that Delphi will likely ask the bankruptcy court to void those union contracts. The UAW won't go along. A strike will ensue and GM will burn through $8 billion in cash in the first 60 days. Obviously this will put GM out of business. I'd post the link except I can't figure out how to do that in this forum.
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