Quote:
Originally Posted by Ferd
I dont mean to be crass here Barb. I am sorry you are in this situation and I certainly dont want to seem to not be considerate of the situation you are in.
my fear is that the strings attached to "this money" is vastly more dangerous to your long term employment opertunities than the current econoimc crisis that GM finds itself in.
At the end of the day, when any business requests the governments help, they can expect the government to require a shakeup at the top. That happened with AIG and several other financial institutions that have been taken over by the government. There is no shock in it happeing at GM.
That doesnt mean its a good thing. As CC1 points out, Wagoner just might have been the guy to bring GM roaring back from the brink.
time will tell. I hope you stay employed and everything works out well.
I also hope Barak Obama has a U-Haul outside the white house in 4 years.
|
I read a summary of Obama's speech. Barb this is not emotional, it is fact. He mentioned several mandates or changes and for some reason said nothing about labor or the union.
Hitler was the first dictator to get into car manufacturing. The Peoples car or folks wagon.
Obama has no experience running even a candy store with a cash register. He may well be the last person on the planet qualified to build cars. I for one will go with ford, Toyota or Nissan first. I had money in a Chrysler dealership long ago. Family still has money in a full line GM dealership. Obama will be the first to cheat his way out of wagoners golden parachute.
Quote:
|
As Fiat has prospered, the value of Libya's stock in the company has multiplied to an estimated $2.5 billion. Not surprisingly, Libya has no interest in ridding itself of what has proved to be a very good investment. Says Agnelli: "We have offered to buy, but they won't sell." Adds Roberto Nicolello, Fiat's chief of public affairs: "We're handcuffed. The Libyans are not interested in selling for one simple reason: Where can they put this money? No one will accept $1 from Gaddafi these days."
|
Muslims can drive the Dodge Prowler.
Threaded Mode
