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jdaasoc

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jdaasoc

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Re: ajtj99 post# 135528

Wednesday, 11/19/2008 4:29:23 PM

Wednesday, November 19, 2008 4:29:23 PM

Post# of 148479
Listening to Bloomberg on the hearings on capital hill, all 3 automakers would most likely have to file prepackaged bankruptcies with 30-60 days if bridge loans weren't extended now.

Later on in the day Carlos Ghosn told Bloomberg all automakers across the globe would need government aid to complete hybrid vehicle rollouts.

I am surprised market didn't tank more.

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