Views: 2941|Replies: 3

GM will be Obama's Vietnam and it is him to lose! [Copy link] 中文

Rank: 6Rank: 6

Post time 2009-6-3 19:56:21 |Display all floors
World War III already started with Obama charging ahead with GM to the rescue

and the German BMW, Benz, VW and Smart car and the japanese Toyoto, Honda and Nissan
along with Italian Fiat are edging to win this war.

It is Obama's Vietnam War and fighting against the well-trained, disciplined Jap, German,
and italian and no way GM can come on top !

Use magic tools Report

Post time 2009-6-3 20:33:39 |Display all floors
Reminder: Author is prohibited or removed, and content is automatically blocked

Use magic tools Report

Rank: 8Rank: 8

Gold Medal

Post time 2009-6-3 21:16:44 |Display all floors
Originally posted by Kbay at 2009-6-3 22:04
I don't understand this Chapter 11 gimmick!

Chapter 11 - Just look over here: ... chapter11.html#work

Unique to the U.S. but.....

It also exists in Canada, not the same but similar to the U.S. - I believe it is called CCAA  or  Canada's Companies Creditors Arrangement Act.

Use magic tools Report

Rank: 6Rank: 6

Post time 2009-6-3 21:22:20 |Display all floors

if you're broke nobody's can really sue you...

Originally posted by Kbay at 2009-6-3 08:04
I don't understand this Chapter 11 gimmick!
How can a company declare bankruptcy; the investors lose their pants, yet the company keeps trading as though nothing has happened?
A new company is th ...

it's clever to declare bankruptcy (no longer on wallstreet listing) so that no ones can really go after you...dont you go out now & max it out all your creditcards & declare your personal bankruptcy (i didnt ask you 2 do that, OK...are we krystal klear on this)  

Use magic tools Report

You can't reply post until you log in Log in | register

Contact us:Tel: (86)010-84883548, Email:
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.