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Re: you are the same Keith as on SU, right? Posted by JerseySaab [Email] (#666) [Profile/Gallery] (more from JerseySaab) on Sun, 18 Dec 2011 16:55:39 In Reply to: Re: you are the same Keith as on SU, right?, Keith [Profile/Gallery] , Sun, 18 Dec 2011 16:35:38 Members do not see ads below this line. - Help Keep This Site Online - Signup |
From where I sit it looks more likely that the party attempting to dishonor the agreement is General Motors. This latest GM announcement is likely a tactic to scare off Youngman with the prospect of a long and expensive court battle.
Victor Muller states that the new funding agreement is in conformance with the GM supply contract. The only person qualified to make the pronouncement that this deal is "obviously wrong" would be a lawyer or a judge who has reviewed all of the relevant paperwork in detail.
In the absence of such an analysis I would tend to fall back on GM's well-deserved, decades-long reputation of dirty tricks and lack of credibility to take VM at his word - at least until such time as a court decides otherwise.
posted by 91.228.2...
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