SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (22011)9/8/2008 3:44:24 PM
From: DuckTapeSunroof1 Recommendation  Respond to of 25737
 
"I suppose the Treasury will soon cover the debt for all new car dealerships that can't unload their inventory..."

The 'other shoe' will drop soon when GM and Ford go hat-in-hand to Washington asking for $50 Billion bailouts.

"this is sick, I think the free markets can take care of itself without any government bailout..."

Yep, the worst of both worlds: private profits and public losses (when they are making money it's all theirs, but when they are losing money it's the taxpayer's problem).



To: GROUND ZERO™ who wrote (22011)9/8/2008 4:17:45 PM
From: Patricia Trinchero1 Recommendation  Read Replies (1) | Respond to of 25737
 
I know many dealerships in No Cal that have already gone under. The dealers themselves are losing hoards of money. We know one that was once on top of the world..............now his creditors are trying to impound his wife's jewelry.

Only the small dealerships will survive this market......IMHO


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News