Sen. John McCain (R-AZ) appeared on Fox News Sunday and said that bankruptcy would not be so bad for General Motors. It would be able to renogotiate its labor contracts, and come out, in McCain's words, "leaner."
He's right.
Technorati tags: economy business automobiles cars auto industry general motors McCain John McCain
1 comment:
Yet they wanted a bailout. That may not have saved them
Post a Comment