Can Bankruptcy Work? »

Posted By FunnyBoyz 8 months, 3 weeks ago in News
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If GM does declare bankruptcy, it will be one for the ages. Since 1980, only 36 public companies with more than $10 billion in assets have gone bankrupt, according to a database maintained by UCLA Law School's Lynn LoPucki. Some two-thirds of large companies that enter bankruptcy emerge as stand-alone enterprises — though typically at half the size.

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FunnyBoyz

Never let a FOOL KISS YOU or a KISS FOOL YOU.

Give it some time and think about it..

I want to be clear upfront ...

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    tadair9198 months, 2 weeks ago

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    if its not making a profit, then better to bankrupt GM then America.

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