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GM bankrupcy (Rumors)

ellives

By ellives
in General Motors

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ellives Newbie

ellives

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Posted

Will be interesting to see if there's anything to this rumor. We'll know Monday.

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Here's the first post from the 19th:

Just came back from a meeting with a few other creditors and we were speaking about the auto parts suppliers. We obviously went on the GM subject and the few people I was talking said the filing is already signed and sitting on the desk. Without an immediate bailout, the filing will take place Monday Morning.

This is a new source from me, but was mentioned by 3 people at my meeting. Just laying out there.

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