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> OT: Saab filed for bankruptcy, Sign of the times.
Mark Henry
post Dec 19 2011, 11:47 AM
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Swedish carmaker's Chinese investors fail to take over former GM company.
Too bad, nice car at one time (Saab 99), but they couldn't compete.

http://www.cbc.ca/news/world/story/2011/12...bankruptcy.html
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Elliot Cannon
post Dec 21 2011, 12:50 PM
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(IMG:style_emoticons/default/agree.gif) If you let a large company like GM go under, the wrong people are being punished. The person that installs hood latches all day doesn't have much power in how the company is run but he's the one who will suffer and thousands like him. Many of the pilots I used to work with thought GM should not have been bailed out. When I asked if UPS was going bankrupt (hey it could happen) would they want a government bailout? Of course, that was different. "Ive got mine, pull up the ladder".
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Posts in this topic
Mark Henry   OT: Saab filed for bankruptcy   Dec 19 2011, 11:47 AM
flipb   Been hoping against hope that they'd somehow s...   Dec 19 2011, 12:00 PM
SirAndy   Saab filed for bankruptcy What a surprise, didn...   Dec 19 2011, 12:02 PM
Mark Henry   Saab filed for bankruptcy What a surprise, didn...   Dec 19 2011, 12:16 PM
zymurgist   Saab will be missed. Saab and Porsche both looked...   Dec 19 2011, 12:02 PM
r_towle   I am kind of curious. What happens to the new cars...   Dec 19 2011, 12:48 PM
minnesota loon   I have 2008 2.0 turbo sport combi. I love it fast ...   Dec 19 2011, 01:29 PM
rick 918-S   This is what should have happened to GM and Chrysl...   Dec 19 2011, 01:38 PM
Elliot Cannon   This is what should have happened to GM and Chrys...   Dec 19 2011, 03:45 PM
DBCooper   This is what should have happened to GM and Chry...   Dec 19 2011, 05:06 PM
rick 918-S   [quote name='Elliot Cannon' post='1591490' date='...   Dec 19 2011, 08:11 PM
DBCooper   I started with Saab in a Type 96 and loved that ca...   Dec 20 2011, 05:49 PM
eric914   [quote name='Elliot Cannon' post='1591490' date='...   Dec 22 2011, 09:03 AM
DBCooper   With that thinking our government should never le...   Dec 22 2011, 01:20 PM
Vacca Rabite   I'm closing this up. If you have beef, you kno...   Dec 22 2011, 04:01 PM
76-914   Yep, fine car. My wife and I had a 95 9000CSE Aero...   Dec 19 2011, 02:19 PM
eric9144   I'm surprised, that you guys are surprised... ...   Dec 19 2011, 02:46 PM
somd914   Saab has always been an "odd" make tha...   Dec 19 2011, 05:55 PM
zymurgist   ILBT :popcorn:   Dec 19 2011, 03:04 PM
rick 918-S   I'm spectulating here but I can only imagine t...   Dec 19 2011, 03:30 PM
RobW   Cool cars back in the day. A maintenance nightmare...   Dec 19 2011, 06:09 PM
championgt1   :agree: Well said Rick.   Dec 19 2011, 09:46 PM
veltror   Perhaps you guys need to read what happened to BLM...   Dec 20 2011, 01:06 PM
rick 918-S   Just another Saab story. Same old thing. Save me, ...   Dec 20 2011, 08:56 PM
DBCooper   How about the innocent stock holders. The investor...   Dec 21 2011, 11:46 AM
maf914   I had read that GM blocked the sale of SAAB to the...   Dec 21 2011, 08:59 AM
Elliot Cannon   :agree: If you let a large company like GM go un...   Dec 21 2011, 12:50 PM
rick 918-S   That's ok, you as an employee can loose as muc...   Dec 21 2011, 02:36 PM
Elliot Cannon   That's ok, you as an employee can loose as mu...   Dec 21 2011, 05:12 PM
02loftsmoor   Goverment Morors is the ones that ran SAAB into th...   Dec 21 2011, 02:42 PM
Scott Schroeder   Rick - You are not heartless - you are a realist t...   Dec 21 2011, 06:16 PM
Smitty911   Well we have come half circle from "Ask not w...   Dec 21 2011, 06:25 PM
Steve   I have worked in manufacturing, but I have never w...   Dec 21 2011, 06:51 PM
rick 918-S   I'm not sayin all union workers are slackers b...   Dec 21 2011, 07:12 PM
Elliot Cannon   I'm not sayin all union workers are slackers ...   Dec 22 2011, 12:10 AM
eric914   [quote name='rick 918-S' post='1592890' date...   Dec 22 2011, 09:21 AM
J P Stein   Cant argue with a certain % of any group being ba...   Dec 22 2011, 09:55 AM
DBCooper   On you dime. Like that? You and me bailed out the...   Dec 22 2011, 07:30 AM
flipb   GM is simply better at finding investors than your...   Dec 21 2011, 08:45 PM
somd914   But will anything really change in the long run? ...   Dec 21 2011, 09:01 PM
rick 918-S   Come on.. Ford? They were in trouble. They chose t...   Dec 22 2011, 08:24 AM
brp986s   And you certainly don't borrow money from som...   Dec 22 2011, 11:41 AM


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