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Douglas Johnson[_2_] Douglas Johnson[_2_] is offline
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Default The Gulf Disaster: a geologists take

" wrote:


Except that it was *NOT* a bankruptcy. There was no due process.


Oh, my God. What is this?
http://online.wsj.com/public/resourc...on60012009.pdf

It is a copy of GM's bankruptcy filing in the South District of Manhattan.


So, the fact that they used a "private jet" was reason enough, for you, to
throw away the Constitution. Got it.


No. The private jet comment was just a dig at GM's PR skills.

Wrong. There was no bankruptcy proceeding.


What do you base that on? I'm providing references. Primary sources, in fact.
What are your sources?

You can also see a discussion of the government loan terms and GM's bankruptcy
plans in anticipation of their failure to meet those terms. I'd be a little
slower with the term "lie" . The company was less than worthless.


Wrong. Wrong, and wrong.


What parts of what I said are wrong? All of those things are in the reference
I provided in my previous post.. It's the March 31, 2009 10-Q, a legal document
filed by GM with the SEC. Look in the balance sheet for the net worth and the
management's discussion for the other items.

-- Doug