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Guest Josh

First Fiat, Now Delphi

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GM says "Lets Buyout Delphi!" As if they have the cash. One analyst says that if General Motors were forced to buy-out Delphi workers it would cost the General more than $1 Billion (Dr. Eeeeeeeeevil) dollars and to help keep the parts supplier out of bankruptcy.

The Free Press link below states that the General may be looking to pay as much as $100,000 to some 23,000 Delphi workers for them to retire with full benefits to help the struggling parts supplier.

Mismanagement on every end here ladies & gents. Isn't it a beautiful thing?

http://www.freep.com/money/autonews/irep19e_20050819.htm
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GM says "Lets Buyout Delphi!" As if they have the cash. One analyst says that if General Motors were forced to buy-out Delphi workers it would cost the General more than $1 Billion (Dr. Eeeeeeeeevil) dollars and to help keep the parts supplier out of bankruptcy.

The Free Press link below states that the General may be looking to pay as much as $100,000 to some 23,000 Delphi workers for them to retire with full benefits to help the struggling parts supplier.

Mismanagement on every end here ladies & gents. Isn't it a beautiful thing?

http://www.freep.com/money/autonews/irep19e_20050819.htm

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