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Tag Archive for 'automakers'Why bankruptcy is a bad option April 9th, 2009 • by David Zatz
Last night, I endured an argument (eventually ended by my wife) about why loans to automakers are bad, and why loans to banks are completely different. “Why,” said the other person, after I explained that bankruptcy would result in tens of billions of dollars in charges to taxpayers from the Pension Guarantee Fund, as well [...] Why do Americans want their automakers to die? January 5th, 2009 • by John Hagen
When the November sales figures were released I wrote the following remarks to Dave: Once again the American public is showing its preference for buying just what it doesn’t need! After all their whining about how Detroit doesn’t build the fuel efficient they want cars, let’s see what they buy. November Toyota sales figures showed that as soon [...] |
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