Guest guest Posted May 6, 2009 Report Share Posted May 6, 2009 > > More union payback at the expense of stock and bondholders. Taken > altogether, I expect to see investment in the US dry up and foreigners to look > elsewhere. If the US government can change the rules on deals as it sees fit, > then no investment is safe. > > > man this sounds bad Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 7, 2009 Report Share Posted May 7, 2009 " More union payback at the expense of stock and bondholders. Taken altogether, I expect to see investment in the US dry up and foreigners to look elsewhere. If the US government can change the rules on deals as it sees fit, then no investment is safe. " In regards to the automakers, it would be a great idea for the board members of some foriegn automakers to try and buy up as many shares as they can. Then, when they get a majority, they can elect to shut down the company, making themselves the only viable alternative to people looking to purchase cars. Probably there are anti-trust rules in effect or investment rules that would prevent this sort of thing from going on though. I am too busy too look up information on the subject right now. Administrator Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 7, 2009 Report Share Posted May 7, 2009 Fiat is making a push to buy American car maker's facilities in Europe. If Fiat doesn't buy them up, there is pressure for other European companies to do so. A press by foreigners to buy up Chrysler and GM in full would not surprise me. I have heard that the Europeans that have bought into American automakers aren't happy about the experience because of the unions. After what has happened now, the looting of private assets to give to the unions for their political support, I would wonder about anyone who tried to buy into the auto business here. In a message dated 5/7/2009 1:22:57 A.M. Eastern Daylight Time, no_reply writes: In regards to the automakers, it would be a great idea for the board members of some foriegn automakers to try and buy up as many shares as they can. Then, when they get a majority, they can elect to shut down the company, making themselves the only viable alternative to people looking to purchase cars. Big savings on Dell's most popular laptops. Now starting at $449! Quote Link to comment Share on other sites More sharing options...
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