Thursday, November 13, 2008

GM?

http://money.cnn.com/2008/11/13/news/companies/gm_bankruptcy/index.htm?postversion=2008111305

In this acrticle it says GM won't make it throough a bankruptcy. Many airlines have but the car companies probably would come out of bankruptct worse than when they declaired it.

This makes since to me because people won't want to by cars from a bankrupt comany.
They won't want that because the company can't really back their warrenties they have.
The only thing that might be a good out come is cheaper cars. Bankruptct will work for airlines because their not selling new products they reuse the plains and just sell tickets.

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