Lutz: Bankruptcy never comes up at General Motors - ModernCamaro.com - 5th Generation Camaro Enthusiasts
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post #1 of 6 Old 10-27-2008, 01:20 PM Thread Starter
 
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Lutz: Bankruptcy never comes up at General Motors

General Motors Corp. Vice Chairman Bob Lutz reiterated today that bankruptcy would not solve GM's problems. "It's not something that we consider would be constructive or would solve any problems for anyone," Lutz said.

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post #2 of 6 Old 10-27-2008, 01:21 PM
 
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I thought it said he retired
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post #3 of 6 Old 10-28-2008, 05:18 AM
 
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i didn't realize that going bankrupt is a "choice" one makes
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post #4 of 6 Old 10-28-2008, 09:29 AM
Dan
 
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For a business it could be, there are several types of bankruptcy.
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post #5 of 6 Old 10-28-2008, 11:47 AM
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They actually should declare bankruptcy. They'll get more help that way.

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post #6 of 6 Old 10-28-2008, 02:49 PM
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Quote:
Originally Posted by el ess X View Post
They actually should declare bankruptcy. They'll get more help that way.
ouch...I hope not, could you imagine all the "sky is falling" threads if that happened.

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