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Reply #4: Because they are being greedy. Everyone made concessions and they [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
glowing Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-30-09 09:36 PM
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4. Because they are being greedy. Everyone made concessions and they
want the full amount. If the company goes out tomorrow, nobody gets anything. The reason for concessions. It would actually be a good company to continue investing in with the govt backing them in the future.. once we turn the corner on this recession.

One of their larger debts is the loans they are carrying on their books. How many people have defaulted on a car loan at this point? And on top of that car sales are way down.
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