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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
Bozita (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 10:14 PM Original message |
If GM goes Ch.11 and obligations are shed, Blue Cross/Blue Shield of MI goes belly up |
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BlooInBloo (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 10:15 PM Response to Original message |
1. If Harold Ford told me the sun would rise tomorrow, that would be proof sufficient... |
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Captain Hilts (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 10:15 PM Response to Original message |
2. Health insurance for current employees and retirees is a huge % of GM's expenses. nt |
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David Dunham (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 10:19 PM Response to Reply #2 |
4. GM is likley going into Chapter 11. |
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Tangerine LaBamba (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 10:19 PM Response to Original message |
3. They can't go Chapter 11 - |
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David Dunham (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 10:20 PM Response to Reply #3 |
5. They will go into Chapter 11. Retirees will go to Medicaid or Medicare |
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Tangerine LaBamba (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 10:27 PM Response to Reply #5 |
8. What happens to their pension recipients? |
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amandabeech (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 10:31 PM Response to Reply #5 |
10. At a very large cost to the taxpayers. |
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Bozita (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 10:34 PM Response to Reply #5 |
11. ... or nothing. Zip, nada healthcare. |
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Bozita (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 10:23 PM Response to Reply #3 |
6. Isn't Ch.7 a liquidation? |
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Tangerine LaBamba (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 10:26 PM Response to Reply #6 |
7. I am punchy |
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Bozita (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 10:30 PM Response to Reply #7 |
9. Not until ... |
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IrishBuckeye (336 posts) Send PM | Profile | Ignore | Mon Mar-09-09 10:45 PM Response to Original message |
12. PBGC is already $11 billion in the hole, a GM bankruptcy collapses the systems. |
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DU AdBot (1000+ posts) | Fri May 03rd 2024, 03:47 AM Response to Original message |
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