For Once, Saab is NOT begging - Saab General Bulletin Board - Saabnet.com
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For Once, Saab is NOT begging
Posted by Tim (more from Tim) on Wed, 11 May 2011 18:45:31
In Reply to: Groveling for cash, Steve T., Wed, 11 May 2011 18:05:16
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While with Swedish government and EIB, it was begging . . . having three Chinese carmakers competing against each other is hardly begging. If you have problem with borrowing money from the Chinese, have you renounced your US citizenship yet? After all, aren't they the largest non-FED holder of US government debt?
Presumably, both the Russians and the Chinese understand that giving Saab room to be itself is of critical importance to the long term viability of the company. I rather like the 4-3-3 tripartite divide now having the Russians and Chinese balancing each other out at close to 30% each. It actually makes for a more interesting game than putting all eggs in one basket, like when GM controlled 100% of Saab.
posted by 76.118.39...
Posts in this Thread:
- Today's Saab-China installment, David in Michigan, Wed, 11 May 2011 17:46:06
- Groveling for cash, Steve T., Wed, 11 May 2011 18:05:16
- Re: Are we Studebaker?, Billy, Thu, 12 May 2011 04:56:57
- Re: Groveling for cash, Joeychess, Wed, 11 May 2011 19:09:30
- For Once, Saab is NOT begging, Tim, Wed, 11 May 2011 18:45:31 <-- Viewing This Message
- Re: Groveling for cash, dtech aka cheaptech, Wed, 11 May 2011 18:19:54
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