通用汽车破产真的是一件很糟糕的事情吗？ 破产, 通用汽车

yoyo530521

天天商务英语词汇 语音下载

fill a position (expression) 填补某个职位
解释	to choose sb. for a job

例句	We're looking to fill the position by the end of the month.

天天商务英语报道 语音下载

Is GM bankruptcy really a bad thing? 通用汽车破产真的是一件很糟糕的事情吗？ General Motors and Chrysler want more government aid. But with the increasing costs to save the auto industry, some are looking at bankruptcy as an option. John Dimsdale reports. 通用汽车和克莱斯勒希望得到政府更多的援助。不过随着拯救汽车业成本的上升，有人提出破产也是一个选择。John Dimsdale做了报道。

Bob Moon: Seems all these rescue plans, or survival plans -- whatever you want to call them -- all boil down to the same kind of question: Who wins and who loses? Or maybe more accurately: Who loses, and who loses less?
Today, some leading analysts were dismissing yesterday's request for tens of billions more in government aid for General Motors and Chrysler. Some commentators even suggested they're really trying to do what amounts to bankruptcy on the cheap, without actually going through the process.
So why are they trying so hard to avoid that "B" word -- and would bankruptcy really be such a bad alternative? Here's our Washington Bureau Chief John Dimsdale:
JOHN DIMSDALE: If car companies keep asking for government loans, Minnesota Republican Rep. John Kline knows sooner or later the holder of the purse strings -- Congress -- will start meddling in the car business.
REP. JOHN KLINE: I think that's a poor way to run any business, to turn it over to a committee or committees in Congress to decide what is a sound business practice and what is not.
Like many in Congress, Kline thinks there's a better way.
KLINE: A chapter eleven bankruptcy would let the companies do the serious restructuring they need to do. Many companies large and small have done very well, come out of Chapter 11 bankruptcy stronger and healthier than going in.
But the nation's car companies strongly oppose a bankruptcy reorganization, where all sides -- workers, dealers, part suppliers, bondholders -- would be asked to sacrifice to save the industry. That sacrifice is frequently called a haircut. And David Cole with the Center for Automotive Research says a good example where that wouldn't work would be auto parts makers.
DAVID COLE: No haircut is possible because they're already bald. This is part of industry that is in very very weak position right now. There is nothing to give there.
Another problem, Cole says...
COLE: It is difficult to sell cars to people if you're a bankrupt company. They're worried about warranty, they're worried about re-sale.
In yesterday's restructuring blueprint, General Motors predicted bankruptcy would cost the government $100 billion in pension and health care costs for retirees who'd no longer be covered by the company. But one member of the White House Task Force on Autos was involved in the bankruptcy restructuring of the U.S. steel industry. That's cause for some speculation the Obama administration considers bankruptcy a viable option.