Bankruptcy, in many cases, means RE-ORGANIZATION you stupid idiot. Geesh!<quoted text>
Bankruptcy would mean liquidation, period.
AND offshoring those jobs. If you hate American workers that much, maybe you should lobby for the communist Chinese like most Republican policy makers do.
The action saved jobs that would have been eliminated, period.
China, Europe and Japan all provide massive subsidies to keep their corporations profitable in the form of socialized medicine, pension plans, infrastructure improvements, why was Toyota and Nissan so successful?
Their costs of doing business was supplanted by government intervention. Nothing wrong with us doing it once every 60 years or so.
You really need to realize putting your faith in American corporations to do the right thing is a fatal mistake.