kruijs![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user"){kind=icon}
Which US manufacturer will lose its independency first?
9%)
But in the event that Ford Motor Co., General Motors Corp. or Chrysler LLC is unable to shore up more liquidity, the automakers could be more likely to try a recapitalization than a bankruptcy protection filing, argues Citigroup Global Markets analyst Itay Michaeli.
(http://network.nationalpost.com/np/blogs/tradingdesk/archive/2008/07/10/recapitalization-more-likely-than-bankruptcy-for-big-3-automakers.aspx)
There's a non-publicized view held among foreign-car lobbyists that General Motors is much scarier dead or bankrupt than alive.
(http://www.nysun.com/opinion/memo-to-dc-let-gm-fail/81544/)
General Motors once manufactured half the cars on the American road, but now it sells barely 2 in 10. Bankruptcy is not unthinkable for Detroit’s former king.
(http://www.nytimes.com/2008/07/10/opinion/10lowenstein.html?hp)
http://www.forbes.com/opinions/2008/07/09/gm-washington-detroit-oped-cx_jt_0710tamny.html
http://toledoblade.com/apps/pbcs.dll/article?AID=/20080710/BUSINESS02/8675799
Make your prediction!
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General Motors Corp. |
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Ford Motor Co. |
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Chrysler LLC |
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None of these before suspend date |
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Settlement details:
As reported by a major mainstream news source. Valid for settlement is any of these events: bankruptcy or bankruptcy protection filing, merging or takeover. Not valid for settlement (either way) is a recapitalization.
Spitzer clause applies.
Suspend date: Wed 31st Dec 11:59pm PST (17 weeks to go)
Initial likelihoods:
General Motors Corp.: 20%, Ford Motor Co.: 15%, Chrysler LLC: 20%, None of these before suspend date: 45%
Action history:
kruijs
Settlement details: As reported by a major mainstream news source. Valid for settlement is any of these events: bankruptcy or bankruptcy protection filing, merging or takeover. Not valid for settlement (either way) is a recapitalization. ... read all
Get widget!New!Predictions (84)
84 predictions
bayoubear![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin"){kind=icon}
predicted Chrysler LLC (H$500 at 24%)
ryanb37
wandaoleary
bout3fitty
curios
smutster
anaverageamerican
pepe
alison78Comments (7)
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I love the "Spitzer clause applies"!!
scheduled for talks today about a merger
Spitzer applies only to Politics.
2.3.1 Politics Category
"Unless specified otherwise, a question asking when a public figure will resign will be settled on the date the figure announces their intention to resign rather than the date the resignation becomes effective (the Spitzer clause)."
2.3.3.4 Business Category
"Unless otherwise specified, questions asking whether company X will be acquired (or merge with company Y) by date Z will be settled on completion of the deal, not on announcement."
Unless, ofcourse, there is a change is the rules which has not been published until now.
BUT I did explicitly state in the settlement details that the Spitzer applies on this question (to make confusion perfect ;)
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