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Posted: Mon Mar 30, 2009 6:51 pm
by Vince
So our government's in the auto business now.
Great.
They aren't even that great at the government business.
And wasn't the first bailout to prevent them from going into bankruptcy?
Posted: Tue Mar 31, 2009 9:17 am
by GORDON
No, the first bailout was to get the kickbacks. The second one is to actually get something done.
Posted: Wed Apr 08, 2009 4:09 pm
by GORDON
Posted: Fri May 08, 2009 3:43 pm
by TheCatt
Under the Treasury Department-led reorganization, the UAW would get 55% of the equity in a reorganized Chrysler to cover money it is owed for retiree health care costs. Fiat would get a stake of up to 35% as part of an alliance to bring its vehicles to the U.S. market. The U.S. and Canadian governments would get a 10% stake in return for loans that would not be repaid.
Buy Chrysler, support the union.
Fuck Chrysler.
Posted: Fri May 08, 2009 3:53 pm
by Malcolm
They still have to honour their pensions & all that bullshit? Of course that's going to be massive. Perpetuating bloat does that sort of shyte to costs.
Posted: Fri May 08, 2009 4:06 pm
by TPRJones
Great, the best way to fix the problem is to put the leaders of the gangs that caused most of the bloat to begin with in charge of the whole thing. Wonderful idea!
Posted: Mon Jun 01, 2009 12:15 pm
by GORDON
Posted: Mon Jun 01, 2009 6:33 pm
by Malcolm
So, how big does a biz've to get before it can apply for gov't-sanctioned immortality?
Posted: Mon Jun 01, 2009 7:51 pm
by GORDON
Got to find the "too big to allow to fail" threshold. Or have a really good lobbyist?
Posted: Mon Jun 01, 2009 10:13 pm
by Malcolm
GORDON wrote:Got to find the "too big to allow to fail" threshold. Or have a really good lobbyist?
I just want a hard number on it so I know when I can officially stop trying & say, "Fuck you, it doesn't matter anymore," to all my employees & shareholders.
Posted: Mon Jun 01, 2009 10:29 pm
by WSGrundy
GORDON wrote:Got to find the "too big to allow to fail" threshold. Or have a really good lobbyist?
Or have an overwhelming majority of the employees help put you in office.
Posted: Mon Jun 01, 2009 10:31 pm
by TPRJones
I think it's measured in lobbyist budgets.
