dretceterini
(329 posts)
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Tue Oct-18-05 01:59 PM
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Will GM need the same kind of bailout |
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as Chrysler did? Seems to me they are in rather serious trouble. A few months ago they had to pay something like 2 BILLION dollars to Fiat in Italy to get out of a put option...
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htuttle
(1000+ posts)
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Tue Oct-18-05 02:04 PM
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1. Sure, but only if we nationalize them... |
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...then cut executive pay down to about 2% of what it is now, and pull back as many outsourced jobs as possible to the US.
I always say if it's important enough to subsidize, it's important enough to nationalize.
Now do they STILL want that bailout? Bet not -- they just want free money...
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madmom
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Tue Oct-18-05 02:13 PM
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3. maybe if they would stop with the hummers already!!!!!! |
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the same thing happened before when people wanted small cars gm built big cars where do they get their inspiration?
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madrchsod
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Tue Oct-18-05 02:13 PM
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chrysler was much smaller and they had someone with a vision on the cars that needed to be built. they brought products to the market that people wanted and they built the first mini- van which put the company in the black. general motors cannot turn around like chrysler because they have no vision and faith in the future..it`s all bottom line with gm
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wuushew
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Tue Oct-18-05 02:48 PM
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