NO more Buicks @ Bo Williams Ocala Florida

Discussion in 'The Bench' started by slowride66, Sep 5, 2009.

  1. slowride66

    slowride66 "TAKE IT EASY"

  2. Rob_Gray

    Rob_Gray Well-Known Member

    Unless some sort of reversal is made correcting the way in which the preferred debt-holders were mistreated in the GM and Chrysler bailouts, I don't see GM making a viable long term recovery and more dealership stories such as this will occur around the country. People I know who would have considered a new GM vehicle are not happy with the bailout which favored politically-connected interests rather than those debt holders that our laws and fairness favored had the company followed the prescribed bankruptcy process.
     

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