Quote:
Originally Posted by Dragoneye
Unfortunately, Mr. Romney ignored or didn't acknowledge the changes they have made, instead basing all his opinions on what was the case years ago. And he completely ignored the fact that 80% of people would thumb their noses at a bankrupt company. Those two things alone are enough to undermine his entire argument.
So coming through bankruptcy all lean and mean is perfectly allright, and I agree it could help reshape the company. But it doesn't mean jack if nobody's going to buy from them. Now the country's out hundreds of billions of dollars, AND an auto Industry. Foolish move, imo.  |
No offense, Dragoneye, but they're destitute now, not years ago, so the changes they've already made haven't helped, have they? And 80% of people aren't buying from them now!! So what have they got to lose by reorganizing under Chapter 11?
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