Mohacsy's Safe Portfolio Member Forum

[n4807g]

What's worse Gus; once the GM bankruptcy hits, people will really understand the depth of this recession. How many 10's of thousands of people and companies (S, C, LLC, proprietors, partners) won't be protected? All those companies on the fringe that provide services and products to the automotive companies and the direct part supplying companies aren't covered by any bailout. There is a lot of financial stress in the private business sector that is coming to a head. Bankruptcy in the private business sector is up 35% over the same time period last year, and NH is in relatively good shape.