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Old 04-10-2005, 07:58 PM   #1
Toronto
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Default MG Rover gets £6.5m loan lifeline

hope this wasn't a repost, just say it on "latest news"
http://news.bbc.co.uk/2/hi/uk_news/p...ge/4429663.stm
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Old 04-10-2005, 07:59 PM   #2
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LOL - $12 million? That's all it takes to bail an ailing British automaker out? Thats about 6 months sales at a large car dealer here in H-Town..
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Old 04-10-2005, 08:18 PM   #3
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Originally Posted by RC45
LOL - $12 million? That's all it takes to bail an ailing British automaker out? Thats about 6 months sales at a large car dealer here in H-Town..
its to bail them out for a WEEK i heard
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Old 04-10-2005, 08:57 PM   #4
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Originally Posted by AL123
Originally Posted by RC45
LOL - $12 million? That's all it takes to bail an ailing British automaker out? Thats about 6 months sales at a large car dealer here in H-Town..
its to bail them out for a WEEK i heard
Well - then they should just pull the plug. When a company has to shop for current month cash flow, they are basically dead.

It's over.
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Old 04-10-2005, 09:01 PM   #5
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Originally Posted by RC45
Originally Posted by AL123
Originally Posted by RC45
LOL - $12 million? That's all it takes to bail an ailing British automaker out? Thats about 6 months sales at a large car dealer here in H-Town..
its to bail them out for a WEEK i heard
Well - then they should just pull the plug. When a company has to shop for current month cash flow, they are basically dead.

It's over.
yep well that should have been done after they were stripped of their best brands IMO
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Old 04-10-2005, 09:01 PM   #6
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here here
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