Posted
1:30 PM
by Gene
Speaking of bad news, the bad news is -- Delphi, the auto parts supplier, has filed for bankruptcy, as expected.The worse news is:
GM could also be liable for up to $10 billion to cover the costs of Delphi retiree pension, health care and benefits if the company went bankrupt, part of the agreement to spin off the parts supplier in 1999.DUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUBYAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!!! Here's something ELSE for you to finance!!!!!