11-19-2008, 10:17 PM
Quote:UNLESS--they could get the American taxpayers to fund their restructuring through a "bailout", so they could continue to dun their debtors for the debt. Then the CEO might have to delay his retirement...but it might be even bigger later on.
Indeed! Splendid, splendid, chaps. Twenty-five billion, anyone?
I heard on the news that Opel have asked the German government for a billion but that the gov't fears that it will only be going to GM in the States.
I know something like that went on with a perfectly healthy Dutch bank that suppered the misfortune to be a daughter company of a bankrupt US bank.
Robert Vermaat
MODERATOR
FECTIO Late Romans
THE CAUSE OF WAR MUST BE JUST
(Maurikios-Strategikon, book VIII.2: Maxim 12)
MODERATOR
FECTIO Late Romans
THE CAUSE OF WAR MUST BE JUST
(Maurikios-Strategikon, book VIII.2: Maxim 12)
