Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Liatris Spicata who wrote (7593)	11/24/1998 9:42:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 9980

Ouch! No but when you are about to eliminate the jobs of thousands of workers, have fired the old inept management and brought in new visionary leadership as Chrysler did, why not give it a try? Also I believe it was Reagan that bailed out C. I was still fairly young at the time and definitely not investing and paying attention. Banks are still being tight with their lending. This is what the recent rate cuts were all about. If the large coorporations fold, there will be no one to pay for the few goods still being produced and the whole region will go under. Some intervention will be required to save jobs and save the industries that can produce profitably even if they can't get "bailed out" by normal lending. Therefor the Govt. will have to do it. The real question is are they being careful about who they save and who they let go under? Lee