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SVTPerformance's Chain of Restaurants
Road Side Pub
Chrysler to Enter Bankruptcy Tomorrow
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<blockquote data-quote="Cobra Jet 429" data-source="post: 8216447" data-attributes="member: 14497"><p>I don't see the govt maintaining controll for very long. And still it's only a partial stake because there is taxpayer money involved. You want them to just spend your money on whatever. The Govt is just keeping an eye on them and making sure they don't **** around with our money. Once that money is no longer an issue I feel the govt will want out of this mess. This goes double for GM. GM is a proven money pit company. For 8 years it went from bad to horrendous. Wagoner did no good for that company. So now the govt gave them money and is making sure it's put to good use. Cuz if the govt just let them do whatever, everyone would be pissed about it. I know I would. Again, you can say all you want Govt Motors, etc, but the Govt will not have controlling stake and will be there just to keep the restructuring in order. But I am glad they are going bankrupt, shoulda done CH11 from the start, hell GM might even have become a profitable company by now! Tho Chrysler should just vanish, sell of the assets to Viper and sell Jeep to Ford or someone. Nothing else Chrylser makes matters IMO.</p></blockquote><p></p>
[QUOTE="Cobra Jet 429, post: 8216447, member: 14497"] I don't see the govt maintaining controll for very long. And still it's only a partial stake because there is taxpayer money involved. You want them to just spend your money on whatever. The Govt is just keeping an eye on them and making sure they don't **** around with our money. Once that money is no longer an issue I feel the govt will want out of this mess. This goes double for GM. GM is a proven money pit company. For 8 years it went from bad to horrendous. Wagoner did no good for that company. So now the govt gave them money and is making sure it's put to good use. Cuz if the govt just let them do whatever, everyone would be pissed about it. I know I would. Again, you can say all you want Govt Motors, etc, but the Govt will not have controlling stake and will be there just to keep the restructuring in order. But I am glad they are going bankrupt, shoulda done CH11 from the start, hell GM might even have become a profitable company by now! Tho Chrysler should just vanish, sell of the assets to Viper and sell Jeep to Ford or someone. Nothing else Chrylser makes matters IMO. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Chrysler to Enter Bankruptcy Tomorrow
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