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Old 03-29-2009, 10:52 PM   #1
Felix The Assassin
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Join Date: September 27, 2001
Location: Orlando, FL
Age: 62
Posts: 3,608
Default GM CEO forced out as U.S. readies more auto aid

Ouch. I guess if the government is footing the bill...

Wonder what would happen if the union was told to resign?

Quote:
"We had feared the Obama administration may force some of the executives out. But we don't really see how this would make GM the better, stronger company that Obama wants it to be," said Rebecca Lindland, director of IHS Global Insight.
http://news.yahoo.com/s/nm/20090330/bs_nm/us_autos_5
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Old 03-30-2009, 09:07 AM   #2
Chewbacca
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Join Date: July 18, 2001
Location: America, On The Beautiful Earth
Age: 52
Posts: 5,373
Default Re: GM CEO forced out as U.S. readies more auto aid

Union Joe would never let that happen. Of course the workers and their unions, don't make the decisions which lead to a company losing 95% of it's value and needing bailut funds. If heads didn't roll, Obama's political enemies would be squawking about just the same. Much Ado About Nada!

I heard on the TV news a bit ago the gov doesn't think Chrysler is worthy of bailoutout loans and will let them go bankrupt.

My family is buying a new vehicle soon and we have had at least one Chevy in the garage since I can recall.

I'm shocked and a more than a little humbled that it now looks like Ford is running my type of business, one that doesn't need more bailout funds. Times, they are changing!
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Old 03-30-2009, 09:09 PM   #3
Felix The Assassin
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Join Date: September 27, 2001
Location: Orlando, FL
Age: 62
Posts: 3,608
Default Re: GM CEO forced out as U.S. readies more auto aid

Reads like Fiat is going to take on Chrysler debt through a merger.
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The Lizzie Palmer Tribute



Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe to assure the survival and the success of liberty.

John F. Kennedy
35th President of The United States

The Last Shot

Honor The Fallen

Jesus died for our sins, and American Soldiers died for our freedom.




If you don't stand behind our Soldiers, please feel free to stand in front of them.
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