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"GM wot make June 1st debt payment"-cnbc ticker

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  1. skisteve skisteve is offline 2008-2009 Thread Killer Champ

    French Polynesia

    Posts: 30,451
    Joined: Jul 06

    Apr 22nd, 2009 (4/22/2009 12:30pm)

    Just happened. Brace yourself, here comes the bk imo. Read:market rough patch.
  2. amymarie1967 amymarie1967 is offline

    Columbus, OH
    United States

    Posts: 3,741
    Joined: Jan 06

    Apr 22nd, 2009 (4/22/2009 12:40pm) in reply to skisteve

    Between that and the Morgan Stanley numbers I just took the small profits on financials.
  3. amymarie1967 amymarie1967 is offline

    Columbus, OH
    United States

    Posts: 3,741
    Joined: Jan 06

    Apr 22nd, 2009 (4/22/2009 1:00pm) in reply to skisteve

    On a side note, bad news from GM always means good things for Ford stock.

    Yea, I held onto that one.
  4. Seykota Seykota is offline

    TX
    United States

    Posts: 8,385
    Joined: Jul 05

    Apr 22nd, 2009 (4/22/2009 1:00pm) in reply to skisteve

    Meh, BK should have already been here.
  5. Leet8s Leet8s is offline usausausausausa

    New York City, NY
    United States

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    Joined: Aug 06

    Apr 22nd, 2009 (4/22/2009 1:00pm) in reply to amymarie1967

    lol market
     
  6. oBOBCATu oBOBCATu is offline

    Burundi

    Posts: 7,910
    Joined: Jun 05

    Apr 22nd, 2009 (4/22/2009 1:38pm) in reply to skisteve



    bk?
  7. jtslmn720 jtslmn720 is offline

    Velden
    Austria

    Posts: 1,118
    Joined: Nov 08

    Apr 22nd, 2009 (4/22/2009 2:02pm) in reply to oBOBCATu



    bk?
  8. Willywoo Willywoo is offline

    Colorado Springs, CO
    United States

    Posts: 17,801
    Joined: Jan 06

    Apr 22nd, 2009 (4/22/2009 2:02pm) in reply to oBOBCATu

    Bailout/loan gone bad. I thought GM was too important to fail? Oh wait bankruptcy is not failing, it's just starting over. Why wasn't this done last year?

    All they did was delay the inevitable and prolong the recession, just as they are doing with all the other bailouts, loans, taking ownership and screwing around. yaawn.
  9. Leet8s Leet8s is offline usausausausausa

    New York City, NY
    United States

    Posts: 8,032
    Joined: Aug 06

    Apr 22nd, 2009 (4/22/2009 2:23pm) in reply to Willywoo

    Chapter 11 please.
     
  10. aholthaus33 aholthaus33 is offline

    San Diego, CA
    United States

    Posts: 3,664
    Joined: Sep 06

    Apr 22nd, 2009 (4/22/2009 2:29pm) in reply to Willywoo

     
    Originally Posted by Willywoo View Post

    Bailout/loan gone bad. I thought GM was too important to fail? Oh wait bankruptcy is not failing, it's just starting over. Why wasn't this done last year?

    All they did was delay the inevitable and prolong the recession, just as they are doing with all the other bailouts, loans, taking ownership and screwing around. yaawn.

    Why??

    Cause it makes sense and is/was the right thing to do......

    Rhetorical questions should still be answered sometimes, right!??
  11. norcaljeff norcaljeff is offline 2010 OT Thread Kill Leader

    San Francisco, CA
    United States

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    Apr 22nd, 2009 (4/22/2009 4:01pm) in reply to Seykota

    good thing we got all that taxpayer money in before the bankruptcy, instead of just letting them declare and reorganize...sigh
  12. Ozzie Ozzie is offline

    Joliet, IL
    United States

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    Apr 22nd, 2009 (4/22/2009 4:07pm) in reply to jtslmn720



    bk. obv
  13. norcaljeff norcaljeff is offline 2010 OT Thread Kill Leader

    San Francisco, CA
    United States

    Posts: 36,709
    Joined: Sep 07

    Apr 22nd, 2009 (4/22/2009 4:09pm) in reply to Ozzie



    bk all day
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