Comments on: See your $25 bln, raise you $50 bln

By: Carolyn Thompson

Carolyn Thompson — Thu, 01 Jan 2009 20:50:58 +0000

Who’s next?

The auto lenders raised the required midscore to 700. Then there was a significant drop in auto purchases. It does not take a high I.Q to see that this was predictable. This could and should have been a measured outcome.

I agree that the auto manufacturers are doing more than providing jobs, they are an integral part of the economy. If they want to be bailed out, and the consumer has to pay for it, there should be more regulation.

If the executives were paid an average salary and the bonus structure was revised to repay the bail out, what would be the outcome? I am not saying to pay them less. I am asking that they work smarter with the understanding that their actions effect the entire world.

By: Brenen

Brenen — Mon, 10 Nov 2008 18:51:43 +0000

Longing for the days when Iacocca’s loan guarantee was a mere $1.5 bil.
Brenen Hofstadter

By: David

David — Mon, 10 Nov 2008 18:00:08 +0000

I agree, lets make them produce only clean car’s. That we can knock two or three birds out with one move. Energy Independence, more jobs and our Industrial powerhouse intact!

By: beijing classifieds

beijing classifieds — Mon, 10 Nov 2008 06:11:55 +0000

This crisis reminds me the Great Depression happened on 29th, Oct, 1929 and Roosevelt’s fireside chat.

By: wheat

wheat — Sun, 09 Nov 2008 18:00:41 +0000

I blame the consumer for buying all the BIG vehicles from ALL manufactures.. So if u got one or did have one of those vehicles then its YOUR fault as well

By: Baseball Statistics » Blog Archive » Baseball Statistics

Baseball Statistics » Blog Archive » Baseball Statistics — Sat, 08 Nov 2008 02:38:16 +0000

[...] See your $25 bln, raise you $50 bln - Reuters BlogsDetroit s Big Three were on Capitol Hill yesterday looking for a bigger bailout . They knew the results numbers coming out this morning would be grim and would offer little cheer for the future. The $700 billion in financial industry aid that [...]

By: Zookfind

Zookfind — Sat, 08 Nov 2008 02:17:22 +0000

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By: jmanley

jmanley — Fri, 07 Nov 2008 21:06:31 +0000

If the government wants to bail out GM, let’s get double our money by requiring the company to produce only hybrid and electric vehicles going forward. That way our taxpayer investment at least goes towards developing technologies to move us towards energy independence.

-jmanley

By: Deal Journal - WSJ.com : Afternoon Reading: Humbling the Auto Makers

Deal Journal - WSJ.com : Afternoon Reading: Humbling the Auto Makers — Fri, 07 Nov 2008 20:19:57 +0000

[...] previously authorized government-loan program make it less than helpful, Reuters’ DealZone writes. Moreover, GM and Chrysler might not even pass a financial viability test attached to the funds: If [...]

By: Ian Shaw

Ian Shaw — Fri, 07 Nov 2008 17:14:00 +0000

Amazing that the companies who were so confrontational with the EPA now want to be bailed out. The Japanese quietly not only met energy efficiency targets but exceeded them. The Big 3 (we gotta stop using that term) argued and lobbied to make their point that they knew best what Amercians wanted. Looks like they didn’t have a clue. Note to Senior Management…Looks like you got all those bonuses under false pretenses…can we have that money back? No? What a surprise!