Jubak’s Journal: Saving the auto industry
description: Bail out the Big 3? Let them go out of business? There’s a third option, says Jim Jubak -- a pre-packaged bankruptcy that gives them room to restructure while saving taxpayers from simply rescuing the failed management.
Tags
11/20/08
11/20/08
auto industry
auto industry
f
f
financial services
financial services
Ford
Ford
ford motor
ford motor
General Motors
General Motors
GM
GM
investing
investing
Jim Jubak
Jim Jubak
Jubak’s Journal
Jubak’s Journal
jubak's
jubak's
msn money
msn money
saving
saving
Saving the auto industry
Saving the auto industry
simple strategies
simple strategies
Comments
To allow th companies to go into bankruptcy would be a disaster. I love how the government will throw 150 million dollars at AIG with no plan and no guarantee they they will ever get it back, yet when the auto companies are asking for a LOAN they are forced to grovel. You want a plan? The plan was allready in place. They are all reducing costs, they've arranged a new pay structure with the unions and most importantly, they've turned their enormous health care legacy costs over to the union. This will save GM alone over 6 billion a year. -
gibsonsg17
similar videos
Jubak’s Journal: GM headed for bankruptcy?
Ford vs. GM: Which strategy will win?
Jubak’s Journal: This isn’t the Great Depression
Jubak’s Journal: New retirement worry
Jubak: The end of the 401(k) match?
Jubak’s Journal: What is the Treasury thinking?
Jubak’s Journal: Is Paulson too powerful?
Jubak’s Journal: Who’ll bail out the Fed?
Jubak’s Journal: Is market near a bottom?
Jubak’s Journal: Who’ll be big loser in 2009?
Featured
What's Hot
Market Analysis
Personal Finance
Company Insight
Money Experts
Special Coverage
Partner Experts
Investing Focus
More Money Experts
Jubak
MoneyTrack
CNBC
MoneyShow.com
Wall Street Journal
Morningstar
Kiplinger's
MoneyTalks
Homes
Minyanville
WSM
Zacks.com
welcome to MSN Video - Money!
news
search by ticker
more
Hotmail
Messenger
My MSN
Download IE8
Airfares & Travel
Autos
Careers & Jobs
City Guides
Cooking
Dating & Personals
Games
Health & Fitness
Horoscopes
Lifestyle
Maps & Directions
Money
Movies
Music
News
Real Estate/Rentals
Shopping
Sports
Tech & Gadgets
TV
Weather
White Pages
Wonderwall
Yellow Pages
MSN Directory
Sign in
MSN Home
Mail
My Money
money
Video
Web
Loading...
