Now that GM is bankrupt, what will happen with your auto warranty? My 1999 Ford Explorer has been a true friend to me. With 150,000 miles on it, it has very little go wrong with it and I’m definitely not one of those people is getting all of that routine maintenance done like the manual that I never read says to do. I’m not very nice to my car but it has hung in there.
Today, Chrysler sent letters to nearly 800 of its dealers telling them to close their doors. GM is now going on record saying that if it does file for bankrupcy, it will follow the same course of action as Chrysler. Toyota is going to get rid of 40% of its senior management. The only bright [...]
The Dow was down almost 4% today and 8.8% for in the last 5 trading sessions. Even more alarming, it’s less than one point away from breaking through the November low. The November low is the lowest that the stock market has been in 7 years. We are again at an alarming place in the economy. Why are we back where we were?
