very astute comments, however the politicos would demand that most plants would stay open and that’s why toyota will stay away unless they are asked.
So I assume you think some GM debt may be a good buy? Debt research is not trivial. [/quote]
That the politico’s may demand the GM Plants stay open
but if Toyota takes a bleed and die approach, of saying they will
sell certain plants to toyota and keep those open.
GM is closing plenty of plants right now.
as for teh debt it’s a lousy deal, but, if you own the debt you
can control the bankruptcy proces