Our checks suggest little-to-no fallout from GM’s high-profile
ignition switch recall, with the automakers we spoke to not detecting any noticeable difference in GM’s sales trend or marketing strategy and not expecting any benefit to their own sales as a result of the recall.
You’re not at the penny-ante table, you’re at the high-stakes table. But you’re playing with somebody else’s money. If you lose, you’re providing a net loss to your beneficiaries, people who are dependent on you.
I think we need to start challenging some of the things that we frankly may not have challenged in the past. They’re helping us do that on many fronts.
I would be surprised if he says, ‘Yes I always knew we were going to file for bankruptcy and that’s why we filed for bankruptcy.’ I will eat my hat if that occurs.
This is a great, rich city. It never has repudiated an obligation nor defaulted upon a debt — and it never will.