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What will happen to my GM stock with bankruptcy? What will happen to my GM stock with bankruptcy?
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Old 06-08-2009, 12:21 PM
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Join Date: Jun 2009
Location: Durham, NC USA
Posts: 9
Animus is on a distinguished road
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Originally Posted by X5Flyboy View Post
I'd still like to know where the legal precedent is to deny bondholders of their contractural right to be paid first and how the unions get a bigger stake than the bondholders?????????
It's called socialism. This is insane. Like who in their right mind is going to loan money to this company from now on. GM from now on will be known as Government Motors.
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