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<blockquote data-quote="Jr1972" data-source="post: 1481261" data-attributes="member: 95849"><p>If you don't think their suppliers are going to get hosed by the bankruptcy, your crazy. I worked at a local foundry when GM and Chrysler pulled the same crap. Largest independently owned Foundry in America (Grede). The day those two filed that place lost 31 million instantly. Went from 900+ employees to around 300. Now, instead of being the largest independently (and American owned) foundry in the country, it's owned by a huge German mega-corporation. Someone always gets screwed over when big business files for bankruptcy. And the fact that our government is stupid enough to allow a corporation to continue running when it is close to a billion dollars in debt in the first place is just as big of a problem.</p></blockquote><p></p>
[QUOTE="Jr1972, post: 1481261, member: 95849"] If you don't think their suppliers are going to get hosed by the bankruptcy, your crazy. I worked at a local foundry when GM and Chrysler pulled the same crap. Largest independently owned Foundry in America (Grede). The day those two filed that place lost 31 million instantly. Went from 900+ employees to around 300. Now, instead of being the largest independently (and American owned) foundry in the country, it's owned by a huge German mega-corporation. Someone always gets screwed over when big business files for bankruptcy. And the fact that our government is stupid enough to allow a corporation to continue running when it is close to a billion dollars in debt in the first place is just as big of a problem. [/QUOTE]
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