G.M.Now I understand

[Ratickle]

I never said I was an expert at your job, I run a small business and I know when I invoice and when I get payed and it's NOT 60 days.

Do you deal directly with GM? If so, they received Billions to get their invoices paid down to 45 days. That's what they promised the Senate when they received the last batch of $. And that was the only thing it was supposed to go to....

 

[Indy]

It amazes me how everyone is an expert on my job?

Maybe this is an example why GM is having so many problems, there are people here that are not getting paid but you don't see it from your seat?

 

[RLJ676]

Maybe this is an example why GM is having so many problems, there are people here that are not getting paid but you don't see it from your seat?

He hasn't said he deals direct with GM.... There are lots of levels of tiers all with different deals with each other. I also said there also other agreements with GM out there, as there are thousands of suppliers with different situations and I deal with direct purchasing, meaning production part suppliers. Other types have some other agreements. I just know what the standard terms are that nearly all production suppliers are on.

Whatever the terms, they are getting paid. No payments have been missed.

 

[RLJ676]

I never said I was an expert at your job, I run a small business and I know when I invoice and when I get payed and it's NOT 60 days.

You haven't said what it is though, as I've stated I'm talking direct purchasing (production parts) and there are of course exceptions to the standards. If you don't sell directly to GM, than nothing I've said applies (as stated).