Motors Liquidation Company (fka MTLQQ)

[Lorne]

What a shame. GM does not need to go the Bankruptcy course. They can be solvent and like I said yesterday TOYOTA lost more money.
I think the idea of Bankruptcy filings will finish GM as we know it.
We here that R word and it sparks doom. Who will buy there cars.

Chrysler I feel will be finished because of there filings. People will not purchse from BR companies unless its at a loss to the manufacturer. This will only compound the problem.

GM not going bankrupt and having the best turn-around expert that money can buy is the way to go. Shareholders most retain a small portion . This could be the Greatest turnaround in the history of an Automobile company.

All we need is a few companies like Microsoft and Exxon to buy in and turn it around.