A proposal to split the automaker in two could save brands such as Cadillac and Chevrolet while letting a bankruptcy court liquidate Hummer, Saturn and other asset
http://articles.moneycentral.msn.com...n-survive.aspx

 

Isn't that pretty much a standard bankruptcy situation? It's what K-Mart did to clean up it's act. Went bankrupt, the court rewrote or broke the contracts it had. Reset everything and got to start over. I think it's sad to say but I don't see GM standing a chance of surviving without doing it since they can't seem to make the unions understand that they have to take some hits and help out to help save the company and their jobs.

 

What do you think the unions just did...where have you been in a closet? Maybe the bondholders could do some sucking up.

 

The name "Pontiac" wasn't mentioned at all in the article.

 

I had seen that Pontiac was going away except as a special order option being sold through Buick dealers. Not sure if that still stands.

 

Sssshhhhh...it's a secret.

 

but, but.......i love pontiac !

 

Well for a worst case situation i think this would work. Makes a little sense.

Union's can go to hell end of story. Welcome to 2009 Not 1970, They had there time. There time is done.

 

I know they hate to hear that...but it's the truth!

 

, Thank you. Most refuse to believe its the way to go. So many people still ride the Union ban-wagon.