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pmb1010 · 05-11-2009, 12:47 PM

Watch what happens to the Tier 1 suppliers.

If they stay in business and can absorb the losses from GM's Ch11 filing, parts will ship since the gov't will step in to back up tomorrow's part shipments payments to them from GM as a creditor.

05-11-2009, 12:47 PM	#40
pmb1010 Drives: BMW Join Date: Apr 2009 Location: Western NY Posts: 27	Watch what happens to the Tier 1 suppliers. If they stay in business and can absorb the losses from GM's Ch11 filing, parts will ship since the gov't will step in to back up tomorrow's part shipments payments to them from GM as a creditor.