04-30-2009, 02:07 PM | #15 |
Drives: 65 Elcamino Join Date: Mar 2009
Location: Albuquerque, NM
Posts: 76
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04-30-2009, 02:08 PM | #16 |
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yeah, i really don't like where all this bailout stuff is heading. I understand that without the stimulus we may end up a lot worse off, but I don't see why the Feds need to be buying stake in private companies. I really don't want to live in a socialist country...
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04-30-2009, 02:09 PM | #17 |
Rolling along...
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Which is exactly why I've got mine order in now.
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04-30-2009, 02:10 PM | #18 | |
Camaro & Stang Enthusiast
Drives: 2011 Mustang 5.0 in Kona Blue Join Date: Mar 2008
Location: Miami
Posts: 4,752
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Quote:
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Bought my Camaro from Eric Hall(817) 421-7266
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04-30-2009, 02:12 PM | #19 |
Moderator.ca
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General Automotive + Other Cars
(thread merged)
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Note, if I've gotten any facts wrong in the above, just ignore any points I made with them
__________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!!__________________ Camaro Fest sub-forum |
04-30-2009, 02:16 PM | #20 |
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Yeah, well that and once the government has that much stake in something they can basically dictate what that company is doing. Sure, Obama has said they WON'T do that.... but whats to stop the next guy, if those debts aren't paid off by then? I'm just being paranoid I know, because if that DID start happening I'm pretty sure there would be an open rebellion. But just the fact that its THIS close to being a possibility scares me.
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04-30-2009, 02:29 PM | #21 | |
Gunning for Sixth
Drives: '03 ZR2 Blazer Join Date: Sep 2008
Location: Woodhaven, Michigan
Posts: 9,358
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"Oh-a boy-a! We-a gotsa dealershipsa! Mama-mia~ Heere we gooo~" |
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04-30-2009, 02:56 PM | #22 |
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One quick thought on this after reading http://www.newsweek.com/id/195441 that article... if the public gets pissed enough at these hedge fund guys, the ones that are going to decide GM's fate may decide to work with them a little more to avoid the PR backlash. So maybe Chrysler's bankruptcy will end up helping GM? (fingers crossed!)
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04-30-2009, 04:15 PM | #23 |
Drives: 2018 ZL1 1LE Join Date: Dec 2008
Location: Clarkesville , GEORGIA
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Ha, you really think they are worried about backlash over money? yea sure.........
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04-30-2009, 05:00 PM | #24 |
Drives: 1969 Z28 Join Date: Mar 2008
Location: BC
Posts: 378
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Chrysler is finished. They'll never come out of this filing.
They think Fiat will save the company? Keep dreaming. Americans will not buy Fiats or Fiat produced Chryslers. If Mercedes couldn't save Chrysler there is no hope Fiat will. It will be split up. Someone will buy Jeep and someone (Nissan?) may buy the Ram trucks. The rest will die along with the Chrysler name. |
04-30-2009, 07:29 PM | #25 |
Drives: 2006 Chevy Avalanche Join Date: Aug 2008
Location: Gulf Coast of Texas
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The hedgefunds didnt want to take pennies on the dollar in stock. One changed their mind after the bankruptcy filing. I guess those pennies looked better than what they would get from the bankruptcy court.
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04-30-2009, 09:01 PM | #26 |
Drives: 2018 ZL1 1LE Join Date: Dec 2008
Location: Clarkesville , GEORGIA
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There not finished, actually now they are almost guaranteed to survive. You think Obama is gonna give them billions, help them file C11, and protect them only to see them go under? Dont think so. Both GM and Chrysler will survive and be leaner and more streamlined.
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04-30-2009, 10:37 PM | #27 | |
Moderator.ca
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Quote:
__________________
Note, if I've gotten any facts wrong in the above, just ignore any points I made with them
__________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!!__________________ Camaro Fest sub-forum |
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05-01-2009, 04:58 PM | #28 | |
Drives: 1969 Z28 Join Date: Mar 2008
Location: BC
Posts: 378
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We'll see. |
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