 OT: Saab filed for bankruptcy, Sign of the times. |
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| Mark Henry |
 Dec 19 2011, 11:47 AM
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that's what I do!  Group: Members Posts: 20,065 Joined: 27-December 02 From: Port Hope, Ontario Member No.: 26 Region Association: Canada  |
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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| flipb |
Dec 21 2011, 08:45 PM
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Senior Member Group: Members Posts: 1,817 Joined: 2-September 09 From: Fairfax, VA Member No.: 10,752 Region Association: MidAtlantic Region 
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GM is simply better at finding investors than your small business(es).
They convinced Uncle Sam that they were a worthwhile investment. Lo and behold, not only was a deeper recession/depression averted, but GM turned out some quality products and Uncle Sam made money on the investment. I'd much rather see my tax dollars used this way - heck, they earned a positive return - than used to subsidize the world's most profitable industry. ILBT (IMG:style_emoticons/default/unsure.gif) |
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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 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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