DrTorch
Proved mach and GTS to be liars
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This is a shocker...sit down before reading
http://blogs.moneycentral.msn.com/topsto...-year.aspx
Quote:The Congressional Oversight Panel has already said taxpayers will not see most of the $81 billion* that they put into the American car industry. The $14.3 billion put into Chrysler is more and more likely to be lost completely.
Reb, I know this has got to surprise you most of all.
Some good news
Quote:The biggest single loser if Chrysler cannot survive is the UAW which owns 55% of the company.
*$81B/300M people= $270/person
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10-02-2009 12:51 PM |
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I45owl
Hall of Famer
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RE: This is a shocker...sit down before reading
(10-02-2009 12:51 PM)DrTorch Wrote: Some good news
Quote:The biggest single loser if Chrysler cannot survive is the UAW which owns 55% of the company.
*$81B/300M people= $270/person
Why is that good news? The UAW is too big to fail - therefore, Chrysler will get bailouts ad infinitum.
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10-02-2009 02:46 PM |
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