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T O P I C     R E V I E W
Dustoff101  - posted
General motors may be responsible for $11 billion in pension fund debt, from Delphi..

Look for the PPS of GM to drop..
 
Dustoff101  - posted
Delphis bankruptcy largest ever in US auto history..
 
Dustoff101  - posted
Some US auto parts companies are producing at only 60% capacity.

How much longer can US Auto manufacture vehicles at a loss? I don't think this bankrupcty is going to just" blow over" this time..

If the investment portion of these Auto Companies take a moderate hit, well, we may see an entirely new Auto consortium arise from the ashes..
 
glassman  - posted
more to follow....

what do you mena i don't have a pension anymore???

the comapny execs get 2 million a year
 
keithsan  - posted
gm tanked pre market- look for others to follow suit and buy. I'm eyeballing F at 6.00/7.00
 
Dustoff101  - posted
Soup of the Day? SHORRRTTTTTTTTTT!
 
Dustoff101  - posted
GM just stated they see no immediate effect on GM operations pertaining to the Delphi bankruptcy..
 
Dustoff101  - posted
Banc of Americas' Ron Tadross securities equity analyst, states possibility of a GM bankruptcy increased..

Says to sell GM..

Liability to GM revised to $4-5 billion loss pertaining to DELPHI.

GM has approximately a $30 billion cash reserve..
 
Dustoff101  - posted
Delphi trading at 1993 levels...
 
Dustoff101  - posted
If strike talk starts at GM, this is going to get ugly..

GM is up a bit at present..
 
Dustoff101  - posted
DPH [Delphi] up 9.09% to .36

Anybody think there is a play here?

In bankruptcy court this morning..
 
Dustoff101  - posted
DPH DELPHI suspended from trading!
 
George  - posted
I guess that answered you question....
 
Dustoff101  - posted
Well, it's a pink now! I think...
 
Dustoff101  - posted
Hey, maybe momo could help um now? LOL
 
Andreas  - posted
Yes - I am curious, too.

That is the 1st time I owned shares of a company that went in bankruptcy court and trading was ceased.

The value for the shares is at $0 in my portfolio now - is all that LOST now?
 
Dustoff101  - posted
Nah, they just re-name it and let it trade on the Pinks..

So, you won't see your portfolio reflect the value till they come up with a new symbol.
 
Andreas  - posted
Thank you, Dustoff!!!
 
Andreas  - posted
DPHIQ - now listed as PinkSheet
 



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