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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 387.98

+1.3%

Nov 28 4:00 PM EST

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To: energyplay who wrote (49657)	5/6/2009 3:55:52 AM
From: elmatador	of 218083

Fiat will gather all the 'presuntos': Swedish govt says had contact with Fiat on Saab 'Presunto' or Ham is a slang for is a corpse that a gang fight dropped somewhere or the result of a contract. Fiart is seeing this as an opportuity to gether all the presuntos and create a car making business as consolidator of last recource. Italians have already experience in gathering all telephone and powerf cable makers and consolidate them udner the umbrella Pirelli, which besides making tires make cables too. If they know how to make Parma Ham they are experts in presuntos. The president of Pirelli Indonesia told me that it worked like that If someone wanted cables, they need not to go anywhere. Just tak with Pirelli and they had a factory somewhere to sell at the right price and deliver in time. And they would also take care of currency fluctuations and would buy where the currency was low and sell were the currency was hihg. Goodyear also uses this with their tyre making operations. Swedish govt says had contact with Fiat on Saab Mon May 4, 2009 5:03pm BST Email \| Print \| Share\| Single Page[-] Text [+] STOCKHOLM (Reuters) - Sweden's government confirmed on Monday it has had contact with Italy's Fiat regarding General Motors' struggling Swedish automaker Saab. "We have had contact with Fiat," said Hakan Lind, spokesman at the Ministry of Enterprise, Energy and Communications. "The meeting was about Saab." Lind said the government had been in contact with Fiat a couple of weeks ago, but said nothing concrete had been decided. He declined to provide any further details. The carmaker won more time to restructure in early April when a Swedish court extended the period in which the company is protected from creditors. GM has said it plans to cut ties to Saab by the end of the year.

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