Chrysler - did Cerberus blow it?
#101
Guest
Posts: n/a
Re: Chrysler - did Cerberus blow it?
On May 23, 12:52 am, who <i...@notaspammer.net> wrote:
> In article <hm6753t47bosr58v9b2aa6k4mfmlakf...@4ax.com>,
>
> SnoMan <a...@snoman.com> wrote:
> > It is going to take more than that, Daimler spent 500 million to sell
> > Chyrsler after all the money was spent (most of it went back to
> > Chysler Financail) and you do you spend a extra 500 milion to sell a
> > company unless it stands to cost you a lot more to keep it. Chysler
> > has major labor cost problems and either they reduce them a lot with
> > major consesions or they go out of bussiness because there will be no
> > 3rd option here.
>
> DC could afford to pay to dump Chrysler, they sucked cash out of
> Chrysler after the take over.
That is patently false. Chrysler _had_ no cash.
> That Chrysler cash got DC profitable again.
>
BS. DC was profitable before the merger and except for 1 year, it's
been Chrysler dragging down the profits ever since.
> DC will still own part of Chrysler so I expect they will still benefit
> from Chryslers higher parts volume and lower costs.
Yep, those low cost Compass and Caliber interiors.
> Also I expect Chrysler will still benefit from what they get from
> Mercedes.
> So both sides should be happy; at least for a while.
> In article <hm6753t47bosr58v9b2aa6k4mfmlakf...@4ax.com>,
>
> SnoMan <a...@snoman.com> wrote:
> > It is going to take more than that, Daimler spent 500 million to sell
> > Chyrsler after all the money was spent (most of it went back to
> > Chysler Financail) and you do you spend a extra 500 milion to sell a
> > company unless it stands to cost you a lot more to keep it. Chysler
> > has major labor cost problems and either they reduce them a lot with
> > major consesions or they go out of bussiness because there will be no
> > 3rd option here.
>
> DC could afford to pay to dump Chrysler, they sucked cash out of
> Chrysler after the take over.
That is patently false. Chrysler _had_ no cash.
> That Chrysler cash got DC profitable again.
>
BS. DC was profitable before the merger and except for 1 year, it's
been Chrysler dragging down the profits ever since.
> DC will still own part of Chrysler so I expect they will still benefit
> from Chryslers higher parts volume and lower costs.
Yep, those low cost Compass and Caliber interiors.
> Also I expect Chrysler will still benefit from what they get from
> Mercedes.
> So both sides should be happy; at least for a while.
#102
Guest
Posts: n/a
Re: Chrysler - did Cerberus blow it?
Mercedes are for rag heads and Europeans. they are ugly, expensive, and
ride like logging wagons. wayyyy over priced and expensive to get worked
on. nothing good to say about them. send them all back to Europe or that
toile in the desert - the Middle East. And while you are at it - have them
each tow a BMW - another POS made by a country that cares less about
pollution than any other. besides france of course. there is a real
winner.
"Political Correctness is a doctrine fostered by delusional, illogical
liberal minority, and rabidly promoted by an unscrupulous mainstream media,
which holds forth the proposition that it is entirely possible to pick up a
turd by the clean end."
"Lloyd" <lparker@emory.edu> wrote in message
news:1180034886.747993.283060@p47g2000hsd.googlegr oups.com...
> On May 23, 12:52 am, who <i...@notaspammer.net> wrote:
>> In article <hm6753t47bosr58v9b2aa6k4mfmlakf...@4ax.com>,
>>
>> SnoMan <a...@snoman.com> wrote:
>> > It is going to take more than that, Daimler spent 500 million to sell
>> > Chyrsler after all the money was spent (most of it went back to
>> > Chysler Financail) and you do you spend a extra 500 milion to sell a
>> > company unless it stands to cost you a lot more to keep it. Chysler
>> > has major labor cost problems and either they reduce them a lot with
>> > major consesions or they go out of bussiness because there will be no
>> > 3rd option here.
>>
>> DC could afford to pay to dump Chrysler, they sucked cash out of
>> Chrysler after the take over.
>
> That is patently false. Chrysler _had_ no cash.
>
>> That Chrysler cash got DC profitable again.
>>
>
> BS. DC was profitable before the merger and except for 1 year, it's
> been Chrysler dragging down the profits ever since.
>
>> DC will still own part of Chrysler so I expect they will still benefit
>> from Chryslers higher parts volume and lower costs.
>
> Yep, those low cost Compass and Caliber interiors.
>
>> Also I expect Chrysler will still benefit from what they get from
>> Mercedes.
>> So both sides should be happy; at least for a while.
>
>
ride like logging wagons. wayyyy over priced and expensive to get worked
on. nothing good to say about them. send them all back to Europe or that
toile in the desert - the Middle East. And while you are at it - have them
each tow a BMW - another POS made by a country that cares less about
pollution than any other. besides france of course. there is a real
winner.
"Political Correctness is a doctrine fostered by delusional, illogical
liberal minority, and rabidly promoted by an unscrupulous mainstream media,
which holds forth the proposition that it is entirely possible to pick up a
turd by the clean end."
"Lloyd" <lparker@emory.edu> wrote in message
news:1180034886.747993.283060@p47g2000hsd.googlegr oups.com...
> On May 23, 12:52 am, who <i...@notaspammer.net> wrote:
>> In article <hm6753t47bosr58v9b2aa6k4mfmlakf...@4ax.com>,
>>
>> SnoMan <a...@snoman.com> wrote:
>> > It is going to take more than that, Daimler spent 500 million to sell
>> > Chyrsler after all the money was spent (most of it went back to
>> > Chysler Financail) and you do you spend a extra 500 milion to sell a
>> > company unless it stands to cost you a lot more to keep it. Chysler
>> > has major labor cost problems and either they reduce them a lot with
>> > major consesions or they go out of bussiness because there will be no
>> > 3rd option here.
>>
>> DC could afford to pay to dump Chrysler, they sucked cash out of
>> Chrysler after the take over.
>
> That is patently false. Chrysler _had_ no cash.
>
>> That Chrysler cash got DC profitable again.
>>
>
> BS. DC was profitable before the merger and except for 1 year, it's
> been Chrysler dragging down the profits ever since.
>
>> DC will still own part of Chrysler so I expect they will still benefit
>> from Chryslers higher parts volume and lower costs.
>
> Yep, those low cost Compass and Caliber interiors.
>
>> Also I expect Chrysler will still benefit from what they get from
>> Mercedes.
>> So both sides should be happy; at least for a while.
>
>
#103
Guest
Posts: n/a
Re: Chrysler - did Cerberus blow it?
Mercedes are for rag heads and Europeans. they are ugly, expensive, and
ride like logging wagons. wayyyy over priced and expensive to get worked
on. nothing good to say about them. send them all back to Europe or that
toile in the desert - the Middle East. And while you are at it - have them
each tow a BMW - another POS made by a country that cares less about
pollution than any other. besides france of course. there is a real
winner.
"Political Correctness is a doctrine fostered by delusional, illogical
liberal minority, and rabidly promoted by an unscrupulous mainstream media,
which holds forth the proposition that it is entirely possible to pick up a
turd by the clean end."
"Lloyd" <lparker@emory.edu> wrote in message
news:1180034886.747993.283060@p47g2000hsd.googlegr oups.com...
> On May 23, 12:52 am, who <i...@notaspammer.net> wrote:
>> In article <hm6753t47bosr58v9b2aa6k4mfmlakf...@4ax.com>,
>>
>> SnoMan <a...@snoman.com> wrote:
>> > It is going to take more than that, Daimler spent 500 million to sell
>> > Chyrsler after all the money was spent (most of it went back to
>> > Chysler Financail) and you do you spend a extra 500 milion to sell a
>> > company unless it stands to cost you a lot more to keep it. Chysler
>> > has major labor cost problems and either they reduce them a lot with
>> > major consesions or they go out of bussiness because there will be no
>> > 3rd option here.
>>
>> DC could afford to pay to dump Chrysler, they sucked cash out of
>> Chrysler after the take over.
>
> That is patently false. Chrysler _had_ no cash.
>
>> That Chrysler cash got DC profitable again.
>>
>
> BS. DC was profitable before the merger and except for 1 year, it's
> been Chrysler dragging down the profits ever since.
>
>> DC will still own part of Chrysler so I expect they will still benefit
>> from Chryslers higher parts volume and lower costs.
>
> Yep, those low cost Compass and Caliber interiors.
>
>> Also I expect Chrysler will still benefit from what they get from
>> Mercedes.
>> So both sides should be happy; at least for a while.
>
>
ride like logging wagons. wayyyy over priced and expensive to get worked
on. nothing good to say about them. send them all back to Europe or that
toile in the desert - the Middle East. And while you are at it - have them
each tow a BMW - another POS made by a country that cares less about
pollution than any other. besides france of course. there is a real
winner.
"Political Correctness is a doctrine fostered by delusional, illogical
liberal minority, and rabidly promoted by an unscrupulous mainstream media,
which holds forth the proposition that it is entirely possible to pick up a
turd by the clean end."
"Lloyd" <lparker@emory.edu> wrote in message
news:1180034886.747993.283060@p47g2000hsd.googlegr oups.com...
> On May 23, 12:52 am, who <i...@notaspammer.net> wrote:
>> In article <hm6753t47bosr58v9b2aa6k4mfmlakf...@4ax.com>,
>>
>> SnoMan <a...@snoman.com> wrote:
>> > It is going to take more than that, Daimler spent 500 million to sell
>> > Chyrsler after all the money was spent (most of it went back to
>> > Chysler Financail) and you do you spend a extra 500 milion to sell a
>> > company unless it stands to cost you a lot more to keep it. Chysler
>> > has major labor cost problems and either they reduce them a lot with
>> > major consesions or they go out of bussiness because there will be no
>> > 3rd option here.
>>
>> DC could afford to pay to dump Chrysler, they sucked cash out of
>> Chrysler after the take over.
>
> That is patently false. Chrysler _had_ no cash.
>
>> That Chrysler cash got DC profitable again.
>>
>
> BS. DC was profitable before the merger and except for 1 year, it's
> been Chrysler dragging down the profits ever since.
>
>> DC will still own part of Chrysler so I expect they will still benefit
>> from Chryslers higher parts volume and lower costs.
>
> Yep, those low cost Compass and Caliber interiors.
>
>> Also I expect Chrysler will still benefit from what they get from
>> Mercedes.
>> So both sides should be happy; at least for a while.
>
>
#104
Guest
Posts: n/a
Re: Chrysler - did Cerberus blow it?
Mercedes are for rag heads and Europeans. they are ugly, expensive, and
ride like logging wagons. wayyyy over priced and expensive to get worked
on. nothing good to say about them. send them all back to Europe or that
toile in the desert - the Middle East. And while you are at it - have them
each tow a BMW - another POS made by a country that cares less about
pollution than any other. besides france of course. there is a real
winner.
"Political Correctness is a doctrine fostered by delusional, illogical
liberal minority, and rabidly promoted by an unscrupulous mainstream media,
which holds forth the proposition that it is entirely possible to pick up a
turd by the clean end."
"Lloyd" <lparker@emory.edu> wrote in message
news:1180034886.747993.283060@p47g2000hsd.googlegr oups.com...
> On May 23, 12:52 am, who <i...@notaspammer.net> wrote:
>> In article <hm6753t47bosr58v9b2aa6k4mfmlakf...@4ax.com>,
>>
>> SnoMan <a...@snoman.com> wrote:
>> > It is going to take more than that, Daimler spent 500 million to sell
>> > Chyrsler after all the money was spent (most of it went back to
>> > Chysler Financail) and you do you spend a extra 500 milion to sell a
>> > company unless it stands to cost you a lot more to keep it. Chysler
>> > has major labor cost problems and either they reduce them a lot with
>> > major consesions or they go out of bussiness because there will be no
>> > 3rd option here.
>>
>> DC could afford to pay to dump Chrysler, they sucked cash out of
>> Chrysler after the take over.
>
> That is patently false. Chrysler _had_ no cash.
>
>> That Chrysler cash got DC profitable again.
>>
>
> BS. DC was profitable before the merger and except for 1 year, it's
> been Chrysler dragging down the profits ever since.
>
>> DC will still own part of Chrysler so I expect they will still benefit
>> from Chryslers higher parts volume and lower costs.
>
> Yep, those low cost Compass and Caliber interiors.
>
>> Also I expect Chrysler will still benefit from what they get from
>> Mercedes.
>> So both sides should be happy; at least for a while.
>
>
ride like logging wagons. wayyyy over priced and expensive to get worked
on. nothing good to say about them. send them all back to Europe or that
toile in the desert - the Middle East. And while you are at it - have them
each tow a BMW - another POS made by a country that cares less about
pollution than any other. besides france of course. there is a real
winner.
"Political Correctness is a doctrine fostered by delusional, illogical
liberal minority, and rabidly promoted by an unscrupulous mainstream media,
which holds forth the proposition that it is entirely possible to pick up a
turd by the clean end."
"Lloyd" <lparker@emory.edu> wrote in message
news:1180034886.747993.283060@p47g2000hsd.googlegr oups.com...
> On May 23, 12:52 am, who <i...@notaspammer.net> wrote:
>> In article <hm6753t47bosr58v9b2aa6k4mfmlakf...@4ax.com>,
>>
>> SnoMan <a...@snoman.com> wrote:
>> > It is going to take more than that, Daimler spent 500 million to sell
>> > Chyrsler after all the money was spent (most of it went back to
>> > Chysler Financail) and you do you spend a extra 500 milion to sell a
>> > company unless it stands to cost you a lot more to keep it. Chysler
>> > has major labor cost problems and either they reduce them a lot with
>> > major consesions or they go out of bussiness because there will be no
>> > 3rd option here.
>>
>> DC could afford to pay to dump Chrysler, they sucked cash out of
>> Chrysler after the take over.
>
> That is patently false. Chrysler _had_ no cash.
>
>> That Chrysler cash got DC profitable again.
>>
>
> BS. DC was profitable before the merger and except for 1 year, it's
> been Chrysler dragging down the profits ever since.
>
>> DC will still own part of Chrysler so I expect they will still benefit
>> from Chryslers higher parts volume and lower costs.
>
> Yep, those low cost Compass and Caliber interiors.
>
>> Also I expect Chrysler will still benefit from what they get from
>> Mercedes.
>> So both sides should be happy; at least for a while.
>
>
#105
Guest
Posts: n/a
Re: Chrysler - did Cerberus blow it?
Mercedes are for rag heads and Europeans. they are ugly, expensive, and
ride like logging wagons. wayyyy over priced and expensive to get worked
on. nothing good to say about them. send them all back to Europe or that
toile in the desert - the Middle East. And while you are at it - have them
each tow a BMW - another POS made by a country that cares less about
pollution than any other. besides france of course. there is a real
winner.
"Political Correctness is a doctrine fostered by delusional, illogical
liberal minority, and rabidly promoted by an unscrupulous mainstream media,
which holds forth the proposition that it is entirely possible to pick up a
turd by the clean end."
"Lloyd" <lparker@emory.edu> wrote in message
news:1180034886.747993.283060@p47g2000hsd.googlegr oups.com...
> On May 23, 12:52 am, who <i...@notaspammer.net> wrote:
>> In article <hm6753t47bosr58v9b2aa6k4mfmlakf...@4ax.com>,
>>
>> SnoMan <a...@snoman.com> wrote:
>> > It is going to take more than that, Daimler spent 500 million to sell
>> > Chyrsler after all the money was spent (most of it went back to
>> > Chysler Financail) and you do you spend a extra 500 milion to sell a
>> > company unless it stands to cost you a lot more to keep it. Chysler
>> > has major labor cost problems and either they reduce them a lot with
>> > major consesions or they go out of bussiness because there will be no
>> > 3rd option here.
>>
>> DC could afford to pay to dump Chrysler, they sucked cash out of
>> Chrysler after the take over.
>
> That is patently false. Chrysler _had_ no cash.
>
>> That Chrysler cash got DC profitable again.
>>
>
> BS. DC was profitable before the merger and except for 1 year, it's
> been Chrysler dragging down the profits ever since.
>
>> DC will still own part of Chrysler so I expect they will still benefit
>> from Chryslers higher parts volume and lower costs.
>
> Yep, those low cost Compass and Caliber interiors.
>
>> Also I expect Chrysler will still benefit from what they get from
>> Mercedes.
>> So both sides should be happy; at least for a while.
>
>
ride like logging wagons. wayyyy over priced and expensive to get worked
on. nothing good to say about them. send them all back to Europe or that
toile in the desert - the Middle East. And while you are at it - have them
each tow a BMW - another POS made by a country that cares less about
pollution than any other. besides france of course. there is a real
winner.
"Political Correctness is a doctrine fostered by delusional, illogical
liberal minority, and rabidly promoted by an unscrupulous mainstream media,
which holds forth the proposition that it is entirely possible to pick up a
turd by the clean end."
"Lloyd" <lparker@emory.edu> wrote in message
news:1180034886.747993.283060@p47g2000hsd.googlegr oups.com...
> On May 23, 12:52 am, who <i...@notaspammer.net> wrote:
>> In article <hm6753t47bosr58v9b2aa6k4mfmlakf...@4ax.com>,
>>
>> SnoMan <a...@snoman.com> wrote:
>> > It is going to take more than that, Daimler spent 500 million to sell
>> > Chyrsler after all the money was spent (most of it went back to
>> > Chysler Financail) and you do you spend a extra 500 milion to sell a
>> > company unless it stands to cost you a lot more to keep it. Chysler
>> > has major labor cost problems and either they reduce them a lot with
>> > major consesions or they go out of bussiness because there will be no
>> > 3rd option here.
>>
>> DC could afford to pay to dump Chrysler, they sucked cash out of
>> Chrysler after the take over.
>
> That is patently false. Chrysler _had_ no cash.
>
>> That Chrysler cash got DC profitable again.
>>
>
> BS. DC was profitable before the merger and except for 1 year, it's
> been Chrysler dragging down the profits ever since.
>
>> DC will still own part of Chrysler so I expect they will still benefit
>> from Chryslers higher parts volume and lower costs.
>
> Yep, those low cost Compass and Caliber interiors.
>
>> Also I expect Chrysler will still benefit from what they get from
>> Mercedes.
>> So both sides should be happy; at least for a while.
>
>
#106
Guest
Posts: n/a
Re: Chrysler - did Cerberus blow it?
On Thu, 24 May 2007 15:09:53 -0500, "Abby.Normal"
<Abby.Normal@tx.rr.com> wrote:
>Mercedes are for rag heads and Europeans. they are ugly, expensive, and
>ride like logging wagons. wayyyy over priced and expensive to get worked
>on. nothing good to say about them. send them all back to Europe or that
>toile in the desert - the Middle East. And while you are at it - have them
>each tow a BMW - another POS made by a country that cares less about
>pollution than any other. besides france of course. there is a real
>winner.
>
>"Political Correctness is a doctrine fostered by delusional, illogical
>liberal minority, and rabidly promoted by an unscrupulous mainstream media,
>which holds forth the proposition that it is entirely possible to pick up a
>turd by the clean end." <snip>
Thanks for that. Always good to have a moron expose himself to
everyone on Usenet once in awhile.
<Abby.Normal@tx.rr.com> wrote:
>Mercedes are for rag heads and Europeans. they are ugly, expensive, and
>ride like logging wagons. wayyyy over priced and expensive to get worked
>on. nothing good to say about them. send them all back to Europe or that
>toile in the desert - the Middle East. And while you are at it - have them
>each tow a BMW - another POS made by a country that cares less about
>pollution than any other. besides france of course. there is a real
>winner.
>
>"Political Correctness is a doctrine fostered by delusional, illogical
>liberal minority, and rabidly promoted by an unscrupulous mainstream media,
>which holds forth the proposition that it is entirely possible to pick up a
>turd by the clean end." <snip>
Thanks for that. Always good to have a moron expose himself to
everyone on Usenet once in awhile.
#107
Guest
Posts: n/a
Re: Chrysler - did Cerberus blow it?
On Thu, 24 May 2007 15:09:53 -0500, "Abby.Normal"
<Abby.Normal@tx.rr.com> wrote:
>Mercedes are for rag heads and Europeans. they are ugly, expensive, and
>ride like logging wagons. wayyyy over priced and expensive to get worked
>on. nothing good to say about them. send them all back to Europe or that
>toile in the desert - the Middle East. And while you are at it - have them
>each tow a BMW - another POS made by a country that cares less about
>pollution than any other. besides france of course. there is a real
>winner.
>
>"Political Correctness is a doctrine fostered by delusional, illogical
>liberal minority, and rabidly promoted by an unscrupulous mainstream media,
>which holds forth the proposition that it is entirely possible to pick up a
>turd by the clean end." <snip>
Thanks for that. Always good to have a moron expose himself to
everyone on Usenet once in awhile.
<Abby.Normal@tx.rr.com> wrote:
>Mercedes are for rag heads and Europeans. they are ugly, expensive, and
>ride like logging wagons. wayyyy over priced and expensive to get worked
>on. nothing good to say about them. send them all back to Europe or that
>toile in the desert - the Middle East. And while you are at it - have them
>each tow a BMW - another POS made by a country that cares less about
>pollution than any other. besides france of course. there is a real
>winner.
>
>"Political Correctness is a doctrine fostered by delusional, illogical
>liberal minority, and rabidly promoted by an unscrupulous mainstream media,
>which holds forth the proposition that it is entirely possible to pick up a
>turd by the clean end." <snip>
Thanks for that. Always good to have a moron expose himself to
everyone on Usenet once in awhile.
#108
Guest
Posts: n/a
Re: Chrysler - did Cerberus blow it?
On Thu, 24 May 2007 15:09:53 -0500, "Abby.Normal"
<Abby.Normal@tx.rr.com> wrote:
>Mercedes are for rag heads and Europeans. they are ugly, expensive, and
>ride like logging wagons. wayyyy over priced and expensive to get worked
>on. nothing good to say about them. send them all back to Europe or that
>toile in the desert - the Middle East. And while you are at it - have them
>each tow a BMW - another POS made by a country that cares less about
>pollution than any other. besides france of course. there is a real
>winner.
>
>"Political Correctness is a doctrine fostered by delusional, illogical
>liberal minority, and rabidly promoted by an unscrupulous mainstream media,
>which holds forth the proposition that it is entirely possible to pick up a
>turd by the clean end." <snip>
Thanks for that. Always good to have a moron expose himself to
everyone on Usenet once in awhile.
<Abby.Normal@tx.rr.com> wrote:
>Mercedes are for rag heads and Europeans. they are ugly, expensive, and
>ride like logging wagons. wayyyy over priced and expensive to get worked
>on. nothing good to say about them. send them all back to Europe or that
>toile in the desert - the Middle East. And while you are at it - have them
>each tow a BMW - another POS made by a country that cares less about
>pollution than any other. besides france of course. there is a real
>winner.
>
>"Political Correctness is a doctrine fostered by delusional, illogical
>liberal minority, and rabidly promoted by an unscrupulous mainstream media,
>which holds forth the proposition that it is entirely possible to pick up a
>turd by the clean end." <snip>
Thanks for that. Always good to have a moron expose himself to
everyone on Usenet once in awhile.
#109
Guest
Posts: n/a
Re: Chrysler - did Cerberus blow it?
On Thu, 24 May 2007 15:09:53 -0500, "Abby.Normal"
<Abby.Normal@tx.rr.com> wrote:
>Mercedes are for rag heads and Europeans. they are ugly, expensive, and
>ride like logging wagons. wayyyy over priced and expensive to get worked
>on. nothing good to say about them. send them all back to Europe or that
>toile in the desert - the Middle East. And while you are at it - have them
>each tow a BMW - another POS made by a country that cares less about
>pollution than any other. besides france of course. there is a real
>winner.
>
>"Political Correctness is a doctrine fostered by delusional, illogical
>liberal minority, and rabidly promoted by an unscrupulous mainstream media,
>which holds forth the proposition that it is entirely possible to pick up a
>turd by the clean end." <snip>
Thanks for that. Always good to have a moron expose himself to
everyone on Usenet once in awhile.
<Abby.Normal@tx.rr.com> wrote:
>Mercedes are for rag heads and Europeans. they are ugly, expensive, and
>ride like logging wagons. wayyyy over priced and expensive to get worked
>on. nothing good to say about them. send them all back to Europe or that
>toile in the desert - the Middle East. And while you are at it - have them
>each tow a BMW - another POS made by a country that cares less about
>pollution than any other. besides france of course. there is a real
>winner.
>
>"Political Correctness is a doctrine fostered by delusional, illogical
>liberal minority, and rabidly promoted by an unscrupulous mainstream media,
>which holds forth the proposition that it is entirely possible to pick up a
>turd by the clean end." <snip>
Thanks for that. Always good to have a moron expose himself to
everyone on Usenet once in awhile.
#110
Guest
Posts: n/a
Re: Chrysler - did Cerberus blow it?( or has Wall St Blown America?? )
> The WSJ has no credibility writing about Chrysler at all. All you
> have to do is dig up all those anti-loan-guarantee articles they wrote
> back in '79, '80 and '81 to see that these Wall St. shills are just
> that...shills. A perfect takeover target for a right wing whack job
> like Rupert Murdoch, sure, but any business/financial sagacity?
> Fahgetddaboutit. Remember, it was the WSJ's editorial statements that
> said over and over that Chrysler under Iacocca would fail and the
> cadaver should have been divied up among all the banks holding
> Chrysler Corporation's debt. WSJ also was guilty of false reporting
> even then, repeatedly writing that the Federal loan guarantees were a
> "giveaway." Nothing could've been further from the truth. They
> pulled the same stunt during the Conrail reorganization, and cheered
> when Snow made a severely undervalued bid, championed by "Newt The
> Galoot" Gingrich in the House, to get CR's assets for pennies on the
> taxpayer's dollar.
If anyone cares to think about it, the troubles in this country grow from
Wall Street -
when corporations which had been happily moving along for years making money
and reinvesting it back into new products, research and so on - all of a
sudden had to learn to concern themselves about stock prices, how to TRY to
keep from being the victims of a hostile take over and having years of
profits burned up to light some billionire's cigar, and most importantly how
to keep the market happy and support all the Wall St. silk suited parasites
that have sucked the blood out of and destroyed so many fine American
companies, to line their own greedy pockets.
WHO CARES about how many Americans we put out of work, let's squeeze out
another Gulfstream Bizjet, Custom yacht, Million dollar one bedroom
apartment or $500k sports car for us....
If the people that originally started the NYSE could see it today, they
would most probably be first ashamed at the way it has been corrupted over
the years, and then probably burn it down...
I do hope I don;t appear too harsh =)
Bill