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Old Jun 16, 2006 | 07:29 AM
  #10  
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lufkintravis
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Joined: Oct 2005
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From: Lufkin, Texas
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Originally Posted by reno96teg
GM is going bankrupt because of unions.
Bankrupt means that your assets < your liabilities... Oh sh*t - webters online dictionary - "Someone who has insufficient assets to cover their debts." I hit the nail on the head that time... If they sold enough cars to cover thier debts, they wouldn't be losing money... Their cars are "on sale" every day and they still can't move them. it's a bad thing when people finally figure out that you're screwing them isn't it?
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