Monday, December 22, 2008

Financial Bailouts


amethyst213 true how true...

when you have cars people prefer not to buy, there will be no demand..

and when union wanted high salary and benefits, cost run high..

coupled with highly paid, no result directors and management, good recipe for disaster..

and then, "i am too big to fail!!!" stretched out big hand to cry for bailout...


Dear Amethyst213,

True enough! That's the sad state of our corporations these days. Your example is true both in US and somewhere much closer to home :(



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