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Shaun @ Tru6 Shaun @ Tru6 is online now
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Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,935
GM in Bankruptcy, dissolution

If GM were go into bankruptcy, and hopefully not emerge, wouldn't it's dissolution be the best possible outcome for the auto and energy industries?

Unions would be broken

Upstart alternative energy/green car companies would germinate overnight

Ford and Chrysler might consider getting their acts together


Other benefits?

obvious downside would be a huge amount of unemployed workers retraining at low-level service industry jobs.

other negatives?
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Old 10-27-2008, 02:07 PM
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