Comments on: German Opel aid tests EU rules http://blogs.reuters.com/commentaries/2009/09/15/german-opel-aid-tests-eu-rules/ Now raising intellectual capital Wed, 22 May 2013 22:26:55 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Gary http://blogs.reuters.com/commentaries/2009/09/15/german-opel-aid-tests-eu-rules/comment-page-1/#comment-5384 Gary Sat, 03 Oct 2009 02:48:52 +0000 http://blogs.reuters.com/commentaries/?p=4056#comment-5384 "After all, didn’t French President Nicolas Sarkozy get away with a 6-billion-euro rescue loan to French car makers Renault and Peugeot in March on the unwritten (but loudly proclaimed) understanding that they preserve production sites in France?" unwritten or loudly proclaimed, in the case of opel production from spain is to be shifted to german plants which cost more than twice those in spain and also have pathetic production times. the eu stipulates that aid can be given ONLY to those companies which are in difficulty because of this recession, NOT those which were already in difficulty. Both Renault and PSA were making full-year profits before this recession, while Opel, according to GM, has been in the red for over a decade. “After all, didn’t French President Nicolas Sarkozy get away with a 6-billion-euro rescue loan to French car makers Renault and Peugeot in March on the unwritten (but loudly proclaimed) understanding that they preserve production sites in France?”

unwritten or loudly proclaimed, in the case of opel production from spain is to be shifted to german plants which cost more than twice those in spain and also have pathetic production times. the eu stipulates that aid can be given ONLY to those companies which are in difficulty because of this recession, NOT those which were already in difficulty. Both Renault and PSA were making full-year profits before this recession, while Opel, according to GM, has been in the red for over a decade.

]]> By: Ben R. Rodriguez MS http://blogs.reuters.com/commentaries/2009/09/15/german-opel-aid-tests-eu-rules/comment-page-1/#comment-4420 Ben R. Rodriguez MS Tue, 15 Sep 2009 17:13:09 +0000 http://blogs.reuters.com/commentaries/?p=4056#comment-4420 FROM ALL THE BAD MANAGING AT DETROIT USA, AUTOMOTIVE INDUSTRIES, THE OPEL MODEL GERMANY, APPEARS TO BE CORRECT. IN THE USA, THE EMPLOYEES MUST BECOME AT LEAST 10 TO 15% STOCKHOLDERS, ONCE THEY AGREE TO HELP THE MANAGING WITH A SOCIAL - ECONOMIC PURPOSES. GM IN BRAZIL HAS BEEN DOING FINE, AND THE ECONOMIC BASE HAS BEEN CORRECT. ALL INDUSTRIES MUST UNDERSTAND THAT, CAPITAL (TRUE CAPITAL ) WHERE THE CEO AND KEY MANAGERS MUST ALSO RISK THEIR MONEY TO ACT IN THESE POSSITIONS, MUST BE ACCOUNTABLE.. LARGE COMPANIES WITH SIGNIFICANT IMPACT IN THEIR COMMUNITIES, MUST BE OPERATED WITH CLARITY, AND NO MONKEY BUSINESS MUST BE DONE. GOVERNMENT AT STATE AND FEDERAL MUST RECEIVED QUARTERLY SIGNED FINANCIAL STATEMENTS OF FINANCIAL CONDITION. IF (REPUBLICAN ADMINISTRATION AT FEDERAL LEVEL) OR DOD, AND OTHER AGENCIES REQUIRED SPACIAL COST CONCESSIONS FROM THESE COMPANIES, THESE SPECIAL CONTRACTUAL AGREEMENTS MUST BE REPORTED TO ALL SHAREHOLDERS, AND FEDERAL, STATE, AND CONGRESS AUTHORITIES. NO MORE MONKEY BUSINESSES. FINANCIAL ILLEGAL FRAUD DOCUMENTS SHALL NOT BECOME TRADE SCAMS OF SPECULATORS WITHIN THE GLOBAL ECONOMY - NOR DUMPING BS IN THE DEVELOPMENT NATIONS. FROM ALL THE BAD MANAGING AT DETROIT USA, AUTOMOTIVE INDUSTRIES, THE OPEL MODEL GERMANY, APPEARS TO BE CORRECT. IN THE USA, THE EMPLOYEES MUST BECOME AT LEAST 10 TO 15% STOCKHOLDERS, ONCE THEY AGREE TO HELP THE MANAGING WITH A SOCIAL – ECONOMIC PURPOSES. GM IN BRAZIL HAS BEEN DOING FINE, AND THE ECONOMIC BASE HAS BEEN CORRECT. ALL INDUSTRIES MUST UNDERSTAND THAT, CAPITAL (TRUE CAPITAL ) WHERE THE CEO AND KEY MANAGERS MUST ALSO RISK THEIR MONEY TO ACT IN THESE POSSITIONS, MUST BE ACCOUNTABLE.. LARGE COMPANIES WITH SIGNIFICANT IMPACT IN THEIR COMMUNITIES, MUST BE OPERATED WITH CLARITY, AND NO MONKEY BUSINESS MUST BE DONE. GOVERNMENT AT STATE AND FEDERAL MUST RECEIVED QUARTERLY SIGNED FINANCIAL STATEMENTS OF FINANCIAL CONDITION.
IF (REPUBLICAN ADMINISTRATION AT FEDERAL LEVEL) OR DOD, AND OTHER AGENCIES REQUIRED SPACIAL COST CONCESSIONS FROM THESE COMPANIES, THESE SPECIAL CONTRACTUAL AGREEMENTS MUST BE REPORTED TO ALL SHAREHOLDERS, AND FEDERAL, STATE, AND CONGRESS AUTHORITIES.
NO MORE MONKEY BUSINESSES. FINANCIAL ILLEGAL FRAUD DOCUMENTS SHALL NOT BECOME TRADE SCAMS OF SPECULATORS WITHIN THE GLOBAL ECONOMY – NOR DUMPING BS IN THE DEVELOPMENT NATIONS.

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