View Single Post
Porsche_monkey Porsche_monkey is offline
Slumlord
 
Porsche_monkey's Avatar
 
Join Date: May 2001
Location: Canada
Posts: 4,983
The down-side that not many people think of is the 'down-stream' bankruptcy. G.M. owes a lot of parts manufacturers a lot of money. That debt will never be paid off if the go into bankruptcy protection, and a lot of suppliers will fold. It's not just G.M., it double, or triple those numbers, maybe even worse.
__________________
84 Cab - sold!
89 Cab - not quite done
90C4 - winter beater
Old 12-13-2008, 07:23 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #19 (permalink)