Geoff Flight wrote: > One significant difference is that GM is non-viable period. Recession or not > the company is done-for. The euro and Japanese manufacturers ARE viable but > in a short-term problem because of this crisis. Ford and Chrysler can be > fixed but GM is gone no-matter-what.
Hi Geoff! Yeah, maybe . . . >> It appears to me that these companies have a short term >> liquidity crisis due to an economic crisis, and with >> sales down and no chance to raise capital under current >> conditions form either stock or bond issuance, >> they need our help. > > Exactly. The automakers from Europe and Japan are getting bailouts because > of the same market conditions affecting the American automakers. > > No reason to let our industry falter while theirs are being infused with > cash. -- Regards, Pete http://pete-theisen.com/ _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
