Sunday, Nov 16, 2008

I'll be the judge of that

The Times: Car firms ask Darling for cheap loan deals

Senior industry sources said that car companies were eager not to be seen “holding out a begging bowl”.
“We are not asking for subsidies for a dead-end sector. We are asking for help to tide a healthy industry over an unprecedented period of turbulence,” said one.

Posted by gardeniadotnet @ 06:26 PM (382 views) Add Comment

6 Comments

1. harold said...

Bailout BS.

Wonder if Darling'll lend me a few bob to see me through the week?

Sunday, November 16, 2008 06:28PM Report Comment
 

2. Vstor said...

Just look at whats happening in the USA to see where we're headed. I wonder if the US will heed Gordon's warning not to bail out the auto makers?

Sunday, November 16, 2008 07:14PM Report Comment
 

3. This comment has been removed as it was found to be in breach of our Blog Policies.

 

4. markj69 str05 said...

@malct - extremely bad taste - shame on you.

Sunday, November 16, 2008 08:41PM Report Comment
 

5. renting2 said...

I know zilch about the auto industry. But it does occur to me that a combination of very expensive research into cutting edge technology, together with rising consumer expectation and reducing demand will always lead to collapse. Feel for the workers.

Sunday, November 16, 2008 09:01PM Report Comment
 

6. icarus said...

Getting back to the posted article, it's like a stranger walking up to you and saying "I'm pretty well off but I just need 80p bus fare to get back to my mansion".

Actually the F word might swing it - 'We are Fundamentally healthy and we'll get through this if you can see your way to.......'

Sunday, November 16, 2008 09:06PM Report Comment
 

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