Comments:Automobile sales in the United States down sharply
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When automakers think they can do business as usual they are a bad bet.
We should have put mandates on the loan or do so retroactively.
Public transport and no non-hybrid cars. Nick Wheeler, NYC—96.232.215.153 07:30, 5 February 2009 (UTC)
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No Rewards for Bad Business
[edit]When automakers think they can do business as usual they are a bad bet. The Gov. should have put mandates on the loan or should do so retroactively. We aren't a bank, who doesn't have to care, how our loans work.
As an auto lender, who can we get to back our loan, China? Those days are gone. We also aren't, just, a corporate bank, that can fold its identity and walk away. Letting everything fall on its tush, because we wanted a bigger managing salary. Instead of relying on the 36.6 = 480 derivative imbalance. See: [1].
Solely public transport and no non-hybrid cars, ever again is our best bet.
Nick Wheeler, NYC—96.232.215.153 08:04, 5 February 2009 (UTC)