Chrysler Plans Month-Long Shutdown
 

"Boater" wrote in message
...
Chrysler says to shut down all production for month
Wed Dec 17, 2008 6:27pm EST

DETROIT (Reuters) - Citing a credit crisis and dwindling sales, Chrysler
LLC on Wednesday said it would shut down all of its manufacturing
operations from the end of this week for at least a month.

The blanket shutdown marked a deepening of the financial crisis for the
embattled U.S. auto industry and came as Chrysler and its larger rival
General Motors Corp both seek to shore up cash as they seek a federal
bailout they say they need to survive.

Chrysler, considered the weakest of the Detroit automakers, made the
announcement on its plant shutdown in a letter sent on Wednesday to its
employees, suppliers and the United Auto Workers union that was also
posted on its website.

Chrysler said its dealers were getting car shoppers into showrooms but
losing between 20 percent and 25 percent of those potential sales because
of the lack of consumer financing for new car purchases.

They are only weak because Cerberus took the cash out now wants to pawn the
dog on the US tax payers.

http://www.businessweek.com/bwdaily/...n_id=rss_daily

Now I wonder what happened to that $11 billion on Chrylsers books in
October? After all that is why GM wanted to merge.

Hint, this is a FRAUD scam on US citizens!!!

The idea all along for Cerberus was to buy Chrysler, strip it's valuable
assets for billions of profits up until earlier this year, then repackage
the dog parts and dump it on main street.

Now if we are serious about jobs, but don't want to be tax screwed by the
crooked you force GM into bankruptcy, right to chapter 7. Buy it's assets
cheap, dumping all the baggage. Then refire up GM. Save billions and tax
payer abuse and the corruption going on in DC and Ottawa.

Chrysler Plans Month-Long Shutdown
 

Canuck57 wrote:
"Boater" wrote in message
...
Chrysler says to shut down all production for month
Wed Dec 17, 2008 6:27pm EST

DETROIT (Reuters) - Citing a credit crisis and dwindling sales, Chrysler
LLC on Wednesday said it would shut down all of its manufacturing
operations from the end of this week for at least a month.

The blanket shutdown marked a deepening of the financial crisis for the
embattled U.S. auto industry and came as Chrysler and its larger rival
General Motors Corp both seek to shore up cash as they seek a federal
bailout they say they need to survive.

Chrysler, considered the weakest of the Detroit automakers, made the
announcement on its plant shutdown in a letter sent on Wednesday to its
employees, suppliers and the United Auto Workers union that was also
posted on its website.

Chrysler said its dealers were getting car shoppers into showrooms but
losing between 20 percent and 25 percent of those potential sales because
of the lack of consumer financing for new car purchases.

They are only weak because Cerberus took the cash out now wants to pawn the
dog on the US tax payers.

http://www.businessweek.com/bwdaily/...n_id=rss_daily

Now I wonder what happened to that $11 billion on Chrylsers books in
October? After all that is why GM wanted to merge.

Hint, this is a FRAUD scam on US citizens!!!

The idea all along for Cerberus was to buy Chrysler, strip it's valuable
assets for billions of profits up until earlier this year, then repackage
the dog parts and dump it on main street.


Isn't that the modern MBA Way?

Chrysler Plans Month-Long Shutdown
 

"Boater" wrote in message
...
Canuck57 wrote:
"Boater" wrote in message
...
Chrysler says to shut down all production for month
Wed Dec 17, 2008 6:27pm EST

DETROIT (Reuters) - Citing a credit crisis and dwindling sales, Chrysler
LLC on Wednesday said it would shut down all of its manufacturing
operations from the end of this week for at least a month.

The blanket shutdown marked a deepening of the financial crisis for the
embattled U.S. auto industry and came as Chrysler and its larger rival
General Motors Corp both seek to shore up cash as they seek a federal
bailout they say they need to survive.

Chrysler, considered the weakest of the Detroit automakers, made the
announcement on its plant shutdown in a letter sent on Wednesday to its
employees, suppliers and the United Auto Workers union that was also
posted on its website.

Chrysler said its dealers were getting car shoppers into showrooms but
losing between 20 percent and 25 percent of those potential sales
because of the lack of consumer financing for new car purchases.

They are only weak because Cerberus took the cash out now wants to pawn
the dog on the US tax payers.

http://www.businessweek.com/bwdaily/...n_id=rss_daily

Now I wonder what happened to that $11 billion on Chrylsers books in
October? After all that is why GM wanted to merge.

Hint, this is a FRAUD scam on US citizens!!!

The idea all along for Cerberus was to buy Chrysler, strip it's valuable
assets for billions of profits up until earlier this year, then repackage
the dog parts and dump it on main street.


Isn't that the modern MBA Way?

Yes, I can say I never met an MBA that had any morals nor ethics. I
certainly don't trust them but to line their own lairs. But this is fraud
of a billion dollar scale just as bad if not worse than Enron and others.
These idiots should be told by Congress just to go away and fix your
problems without our help.

But I suspect they are quietly negotiating away the US main street tax
dollars for a fraud situation.

I think we need to start jailing these idiots and posting multi-million
dollar finds on them for racketering and extortion.

Chrysler Plans Month-Long Shutdown
 

Boater wrote:
Canuck57 wrote:
"Boater" wrote in message
...
Chrysler says to shut down all production for month
Wed Dec 17, 2008 6:27pm EST

DETROIT (Reuters) - Citing a credit crisis and dwindling sales,
Chrysler LLC on Wednesday said it would shut down all of its
manufacturing operations from the end of this week for at least a month.

The blanket shutdown marked a deepening of the financial crisis for
the embattled U.S. auto industry and came as Chrysler and its larger
rival General Motors Corp both seek to shore up cash as they seek a
federal bailout they say they need to survive.

Chrysler, considered the weakest of the Detroit automakers, made the
announcement on its plant shutdown in a letter sent on Wednesday to
its employees, suppliers and the United Auto Workers union that was
also posted on its website.

Chrysler said its dealers were getting car shoppers into showrooms
but losing between 20 percent and 25 percent of those potential sales
because of the lack of consumer financing for new car purchases.

They are only weak because Cerberus took the cash out now wants to
pawn the dog on the US tax payers.

http://www.businessweek.com/bwdaily/...n_id=rss_daily


Now I wonder what happened to that $11 billion on Chrylsers books in
October? After all that is why GM wanted to merge.

Hint, this is a FRAUD scam on US citizens!!!

The idea all along for Cerberus was to buy Chrysler, strip it's
valuable assets for billions of profits up until earlier this year,
then repackage the dog parts and dump it on main street.


Isn't that the modern MBA Way?

That has been a problem for about 25 years. Company shouldn't have war
chests that big. Too ripe for a take-over. Use the cash to pay off the
acquisition and sell the high value parts for the most you can get and
sell whats left for whatever anyone will offer. You will usually walk
away putting money into your friends hands and putting a pretty penny in
your pocket too.

Chrysler Plans Month-Long Shutdown
 

BAR wrote:
Boater wrote:
Canuck57 wrote:
"Boater" wrote in message
...
Chrysler says to shut down all production for month
Wed Dec 17, 2008 6:27pm EST

DETROIT (Reuters) - Citing a credit crisis and dwindling sales,
Chrysler LLC on Wednesday said it would shut down all of its
manufacturing operations from the end of this week for at least a
month.

The blanket shutdown marked a deepening of the financial crisis for
the embattled U.S. auto industry and came as Chrysler and its larger
rival General Motors Corp both seek to shore up cash as they seek a
federal bailout they say they need to survive.

Chrysler, considered the weakest of the Detroit automakers, made the
announcement on its plant shutdown in a letter sent on Wednesday to
its employees, suppliers and the United Auto Workers union that was
also posted on its website.

Chrysler said its dealers were getting car shoppers into showrooms
but losing between 20 percent and 25 percent of those potential
sales because of the lack of consumer financing for new car purchases.

They are only weak because Cerberus took the cash out now wants to
pawn the dog on the US tax payers.

http://www.businessweek.com/bwdaily/...n_id=rss_daily


Now I wonder what happened to that $11 billion on Chrylsers books in
October? After all that is why GM wanted to merge.

Hint, this is a FRAUD scam on US citizens!!!

The idea all along for Cerberus was to buy Chrysler, strip it's
valuable assets for billions of profits up until earlier this year,
then repackage the dog parts and dump it on main street.


Isn't that the modern MBA Way?

That has been a problem for about 25 years. Company shouldn't have war
chests that big. Too ripe for a take-over. Use the cash to pay off the
acquisition and sell the high value parts for the most you can get and
sell whats left for whatever anyone will offer. You will usually walk
away putting money into your friends hands and putting a pretty penny in
your pocket too.


Idiot.

Chrysler Plans Month-Long Shutdown
 

Boater wrote:
BAR wrote:
Boater wrote:
Canuck57 wrote:
"Boater" wrote in message
...
Chrysler says to shut down all production for month
Wed Dec 17, 2008 6:27pm EST

DETROIT (Reuters) - Citing a credit crisis and dwindling sales,
Chrysler LLC on Wednesday said it would shut down all of its
manufacturing operations from the end of this week for at least a
month.

The blanket shutdown marked a deepening of the financial crisis for
the embattled U.S. auto industry and came as Chrysler and its
larger rival General Motors Corp both seek to shore up cash as they
seek a federal bailout they say they need to survive.

Chrysler, considered the weakest of the Detroit automakers, made
the announcement on its plant shutdown in a letter sent on
Wednesday to its employees, suppliers and the United Auto Workers
union that was also posted on its website.

Chrysler said its dealers were getting car shoppers into showrooms
but losing between 20 percent and 25 percent of those potential
sales because of the lack of consumer financing for new car purchases.

They are only weak because Cerberus took the cash out now wants to
pawn the dog on the US tax payers.

http://www.businessweek.com/bwdaily/...n_id=rss_daily


Now I wonder what happened to that $11 billion on Chrylsers books in
October? After all that is why GM wanted to merge.

Hint, this is a FRAUD scam on US citizens!!!

The idea all along for Cerberus was to buy Chrysler, strip it's
valuable assets for billions of profits up until earlier this year,
then repackage the dog parts and dump it on main street.


Isn't that the modern MBA Way?

That has been a problem for about 25 years. Company shouldn't have war
chests that big. Too ripe for a take-over. Use the cash to pay off the
acquisition and sell the high value parts for the most you can get and
sell whats left for whatever anyone will offer. You will usually walk
away putting money into your friends hands and putting a pretty penny
in your pocket too.


Idiot.

If a company has $5 billion in revenue and has $3 billion cash in the
bank and has a market cap of $10 billion it is ripe for a takeover.

Chrysler Plans Month-Long Shutdown
 

On Dec 17, 8:12*pm, "Canuck57" wrote:
"Boater" wrote in message


Isn't that the modern MBA Way?

Yes, I can say I never met an MBA that had any morals nor ethics. *I
certainly don't trust them but to line their own lairs.

You guys don't seem to know what an MBA is. It's simply a degree, a
Masters in Business Administration. You're confusing an MBA with what
a few corrupt CEOs have done, some of who may not even have an MBA.

I have a friend who has a MBA, and he has far higher morals and ethics
than the two of you have displayed in this NG.

Chrysler Plans Month-Long Shutdown
 

Chrysler Plans Month-Long Shutdown
 

On Dec 18, 9:50*am, HK wrote:
wrote:
On Dec 17, 8:12 pm, "Canuck57" wrote:
"Boater" wrote in message

Isn't that the modern MBA Way?
Yes, I can say I never met an MBA that had any morals nor ethics. *I
certainly don't trust them but to line their own lairs.

You guys don't seem to know what an MBA is. *It's simply a degree, a
Masters in Business Administration. *You're confusing an MBA with what
a few corrupt CEOs have done, some of who may not even have an MBA.

I have a friend who has a MBA, and he has far higher morals and ethics
than the two of you have displayed in this NG.

Speak for yourself, dirtbag. Got that Confederate flag up on the pole?

Thanks for proving me correct yet again.

Chrysler Plans Month-Long Shutdown
 

Chrysler Plans Month-Long Shutdown
 

BAR wrote:
Boater wrote:
BAR wrote:
Boater wrote:
Canuck57 wrote:
"Boater" wrote in message
...
Chrysler says to shut down all production for month
Wed Dec 17, 2008 6:27pm EST

DETROIT (Reuters) - Citing a credit crisis and dwindling sales,
Chrysler LLC on Wednesday said it would shut down all of its
manufacturing operations from the end of this week for at least a
month.

The blanket shutdown marked a deepening of the financial crisis
for the embattled U.S. auto industry and came as Chrysler and its
larger rival General Motors Corp both seek to shore up cash as
they seek a federal bailout they say they need to survive.

Chrysler, considered the weakest of the Detroit automakers, made
the announcement on its plant shutdown in a letter sent on
Wednesday to its employees, suppliers and the United Auto Workers
union that was also posted on its website.

Chrysler said its dealers were getting car shoppers into showrooms
but losing between 20 percent and 25 percent of those potential
sales because of the lack of consumer financing for new car
purchases.

They are only weak because Cerberus took the cash out now wants to
pawn the dog on the US tax payers.

http://www.businessweek.com/bwdaily/...n_id=rss_daily


Now I wonder what happened to that $11 billion on Chrylsers books
in October? After all that is why GM wanted to merge.

Hint, this is a FRAUD scam on US citizens!!!

The idea all along for Cerberus was to buy Chrysler, strip it's
valuable assets for billions of profits up until earlier this year,
then repackage the dog parts and dump it on main street.


Isn't that the modern MBA Way?

That has been a problem for about 25 years. Company shouldn't have
war chests that big. Too ripe for a take-over. Use the cash to pay
off the acquisition and sell the high value parts for the most you
can get and sell whats left for whatever anyone will offer. You will
usually walk away putting money into your friends hands and putting a
pretty penny in your pocket too.


Idiot.

If a company has $5 billion in revenue and has $3 billion cash in the
bank and has a market cap of $10 billion it is ripe for a takeover.


Even if your numbers are correct, they are still a private company.

Chrysler Plans Month-Long Shutdown
 

D K wrote:
BAR wrote:
Boater wrote:
BAR wrote:
Boater wrote:
Canuck57 wrote:
"Boater" wrote in message
...
Chrysler says to shut down all production for month
Wed Dec 17, 2008 6:27pm EST

DETROIT (Reuters) - Citing a credit crisis and dwindling sales,
Chrysler LLC on Wednesday said it would shut down all of its
manufacturing operations from the end of this week for at least a
month.

The blanket shutdown marked a deepening of the financial crisis
for the embattled U.S. auto industry and came as Chrysler and its
larger rival General Motors Corp both seek to shore up cash as
they seek a federal bailout they say they need to survive.

Chrysler, considered the weakest of the Detroit automakers, made
the announcement on its plant shutdown in a letter sent on
Wednesday to its employees, suppliers and the United Auto Workers
union that was also posted on its website.

Chrysler said its dealers were getting car shoppers into
showrooms but losing between 20 percent and 25 percent of those
potential sales because of the lack of consumer financing for new
car purchases.

They are only weak because Cerberus took the cash out now wants to
pawn the dog on the US tax payers.

http://www.businessweek.com/bwdaily/...n_id=rss_daily


Now I wonder what happened to that $11 billion on Chrylsers books
in October? After all that is why GM wanted to merge.

Hint, this is a FRAUD scam on US citizens!!!

The idea all along for Cerberus was to buy Chrysler, strip it's
valuable assets for billions of profits up until earlier this
year, then repackage the dog parts and dump it on main street.


Isn't that the modern MBA Way?

That has been a problem for about 25 years. Company shouldn't have
war chests that big. Too ripe for a take-over. Use the cash to pay
off the acquisition and sell the high value parts for the most you
can get and sell whats left for whatever anyone will offer. You will
usually walk away putting money into your friends hands and putting
a pretty penny in your pocket too.


Idiot.

If a company has $5 billion in revenue and has $3 billion cash in the
bank and has a market cap of $10 billion it is ripe for a takeover.


Even if your numbers are correct, they are still a private company.

Market capitalization would mean it had a value in the public market.

Chrysler Plans Month-Long Shutdown
 

BAR wrote:
D K wrote:
BAR wrote:
Boater wrote:
BAR wrote:
Boater wrote:
Canuck57 wrote:
"Boater" wrote in message
...
Chrysler says to shut down all production for month
Wed Dec 17, 2008 6:27pm EST

DETROIT (Reuters) - Citing a credit crisis and dwindling sales,
Chrysler LLC on Wednesday said it would shut down all of its
manufacturing operations from the end of this week for at least
a month.

The blanket shutdown marked a deepening of the financial crisis
for the embattled U.S. auto industry and came as Chrysler and
its larger rival General Motors Corp both seek to shore up cash
as they seek a federal bailout they say they need to survive.

Chrysler, considered the weakest of the Detroit automakers, made
the announcement on its plant shutdown in a letter sent on
Wednesday to its employees, suppliers and the United Auto
Workers union that was also posted on its website.

Chrysler said its dealers were getting car shoppers into
showrooms but losing between 20 percent and 25 percent of those
potential sales because of the lack of consumer financing for
new car purchases.

They are only weak because Cerberus took the cash out now wants
to pawn the dog on the US tax payers.

http://www.businessweek.com/bwdaily/...n_id=rss_daily


Now I wonder what happened to that $11 billion on Chrylsers books
in October? After all that is why GM wanted to merge.

Hint, this is a FRAUD scam on US citizens!!!

The idea all along for Cerberus was to buy Chrysler, strip it's
valuable assets for billions of profits up until earlier this
year, then repackage the dog parts and dump it on main street.


Isn't that the modern MBA Way?

That has been a problem for about 25 years. Company shouldn't have
war chests that big. Too ripe for a take-over. Use the cash to pay
off the acquisition and sell the high value parts for the most you
can get and sell whats left for whatever anyone will offer. You
will usually walk away putting money into your friends hands and
putting a pretty penny in your pocket too.


Idiot.

If a company has $5 billion in revenue and has $3 billion cash in the
bank and has a market cap of $10 billion it is ripe for a takeover.


Even if your numbers are correct, they are still a private company.

Market capitalization would mean it had a value in the public market.


Where did you get those numbers? They are privately held.