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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: coug who wrote (168368)12/2/2008 2:30:22 PM
From: cougRead Replies (2) | Respond to of 306849
 
Another thing that goes to their complete LACK of judgement, is coming in empty handed, NO BUSINESS PLAN.. What if a startup comes to a VC with no business plan?.. They would be laughed out of the room and told to NEVER come back..

Thinking about this more, I believe the 25 bil should go to viable startup auto companies instead, wherever they are at.. Maybe some could use the old Big-Three facilities. Buy them for two bits on the dollar or so and try to retrain some of their labor force.