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#1
posted to rec.boats
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Chrysler
You know they are in trouble when Fiat is getting cold feet about a merger. Another one about to bite the dust. Eisboch |
#2
posted to rec.boats
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Chrysler
Eisboch wrote:
You know they are in trouble when Fiat is getting cold feet about a merger. Another one about to bite the dust. Eisboch FIAT wants to bust the UAW before it'll invest in Chrysler. What we need to do in this country is detach health benefits from employment and make sure that private pension liabilities are fully funded. Too much cooking of the books on the latter has resulted in workers losing earned pensions because of bad corporate management. |
#3
posted to rec.boats
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Chrysler
On Apr 15, 8:24*am, HK wrote:
Eisboch wrote: You know they are in trouble when Fiat is getting cold feet about a merger. Another one about to bite the dust. Eisboch FIAT wants to bust the UAW before it'll invest in Chrysler. What we need to do in this country is detach health benefits from employment and make sure that private pension liabilities are fully funded. Too much cooking of the books on the latter has resulted in workers losing earned pensions because of bad corporate management. Too late for some of the Pension funds..... like GM. Giving high bonuses to fat-ass Execs, instead of investing the collected Employee funds where they BELONGED. Waggoner should pay the entire toll out of his own pocket. My Brother is right...think I'll buy a Hunting Rifle. At least our shop has made the Union accountable for our pension fund. Hugh Sawyer out of Georgia, supposedly was hired to turn our Company around.... he accomplished Bankruptcy. The little **** wont venture into Canada...he's a marked man. |
#4
posted to rec.boats
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Chrysler
"HK" wrote in message m... Eisboch wrote: You know they are in trouble when Fiat is getting cold feet about a merger. Another one about to bite the dust. Eisboch FIAT wants to bust the UAW before it'll invest in Chrysler. What we need to do in this country is detach health benefits from employment and make sure that private pension liabilities are fully funded. Too much cooking of the books on the latter has resulted in workers losing earned pensions because of bad corporate management. Yep, Chrysler, and GM for that mater, will both be much cheaper in chapter 7, and in chapter 7 the CAW/UAW contracts become null and void as does all the other excessive garbage. In a chapter 7 buyout they could squish the unions, fire the crappy managment without severance, renegotiate supply agreements and not worry about bond holders or share holders. Nice and clean like. Maybe even mash the two together and highest bidder gets the lot. Possibly sell them to the Chinese government now that they have almost $2T in cash. But I can't see GM or Chrysler making a deal now, they are doubly bankrupt and allowed to operate too long without meaningful changes and bankruptcy to force the needed change. They are dog investments as they sit. |
#5
posted to rec.boats
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Chrysler
On Wed, 15 Apr 2009 08:11:09 -0400, "Eisboch"
wrote: You know they are in trouble when Fiat is getting cold feet about a merger. Another one about to bite the dust. Eisboch Good troll. Worked too! -- John H "The democracy will cease to exist when you take away from those who are willing to work and give to those who would not." Thomas Jefferson |
#6
posted to rec.boats
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Chrysler
John H wrote:
On Wed, 15 Apr 2009 08:11:09 -0400, "Eisboch" wrote: You know they are in trouble when Fiat is getting cold feet about a merger. Another one about to bite the dust. Eisboch Good troll. Worked too! -- John H "The democracy will cease to exist when you take away from those who are willing to work and give to those who would not." Thomas Jefferson Eisboch can troll with the best of em. I taught him well. ;-) |
#7
posted to rec.boats
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Chrysler
"jim78565" wrote in message ... John H wrote: On Wed, 15 Apr 2009 08:11:09 -0400, "Eisboch" wrote: You know they are in trouble when Fiat is getting cold feet about a merger. Another one about to bite the dust. Eisboch Good troll. Worked too! -- John H "The democracy will cease to exist when you take away from those who are willing to work and give to those who would not." Thomas Jefferson Eisboch can troll with the best of em. I taught him well. ;-) You taught him? About the only things you're qualified to teach are belching & farting. |
#8
posted to rec.boats
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Chrysler
"Don White" wrote in message ... "jim78565" wrote in message ... John H wrote: On Wed, 15 Apr 2009 08:11:09 -0400, "Eisboch" wrote: You know they are in trouble when Fiat is getting cold feet about a merger. Another one about to bite the dust. Eisboch Good troll. Worked too! -- John H "The democracy will cease to exist when you take away from those who are willing to work and give to those who would not." Thomas Jefferson Eisboch can troll with the best of em. I taught him well. ;-) You taught him? About the only things you're qualified to teach are belching & farting. No. I taught *him* those talents. Eisboch |
#9
posted to rec.boats
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Chrysler
"Eisboch" wrote in message ... "Don White" wrote in message ... "jim78565" wrote in message ... John H wrote: On Wed, 15 Apr 2009 08:11:09 -0400, "Eisboch" wrote: You know they are in trouble when Fiat is getting cold feet about a merger. Another one about to bite the dust. Eisboch Good troll. Worked too! -- John H "The democracy will cease to exist when you take away from those who are willing to work and give to those who would not." Thomas Jefferson Eisboch can troll with the best of em. I taught him well. ;-) You taught him? About the only things you're qualified to teach are belching & farting. No. I taught *him* those talents. Eisboch Well..you taught well! We should move you down to Wall Street to teach those guys ethics. |
#10
posted to rec.boats
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Chrysler
On Apr 15, 8:11*am, "Eisboch" wrote:
You know they are in trouble when Fiat is getting cold feet about a merger. |
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