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N3OGH
Yo Soy Col. "Bat" Guano
Premium
join:2003-11-11
Philly burbs
kudos:1

reply to pnh102

Re: HUH?

Yeah, no shit.

But hey, everyone relax, every thing's going to be OK. The UAW now owns 55% of Chrysler, and the former owner owns nothing.

Talk about fishy.
--
Petty people are disproportionably corrupted by petty power…


NOCMan
MacChatter
Premium
join:2004-09-30
Colorado Springs, CO

The former owner Cerebus a hedge fund tried to extort money from the government. The government told them to go pound sand.

Fiat will own 20% up to 35% and cannot take a majority stake until Chrysler pays back the government. Nowhere does it say the UAW owns that portion of the company. I think the Treasury dept does.



CylonRed
Premium,MVM
join:2000-07-06
Bloom County

Ummmmm- »www.wlfi.com/dpp/mobile/UAW_wins···_2367536



N3OGH
Yo Soy Col. "Bat" Guano
Premium
join:2003-11-11
Philly burbs
kudos:1

reply to NOCMan
Yeah, call me in 2 years and we'll see if you still have that Obama avatar.

Meet the new boss, same as the old boss. All the politicians are out to stick it to guys like me & you. Once you, and the great "unwashed" masses learn that then maybe our country can move forward.

Until then, we're sitting in neutral revving the engine.....
--
Petty people are disproportionably corrupted by petty power…


sides14

join:2007-11-29
Glendale, AZ

reply to NOCMan
By extort do you mean trying to get the best deal for their shareholders? For a man who claims to be for the people, how do you take a private company and turn it into a government company? Welcome to the new America. Don't work hard, the government will provide for you.


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