Quote:
Originally Posted by jtur88
I don't mind a hard challenge, so let me try, since it's not really that hard.
American interests will still own 40-some percent of the company, which projects an income of 140-billion within three years. Income that will largely be generated by Fiat's near-term capacity to earn a market share in high-MPG vehicles. Looks like that comes out to about 60-billion earnings for American investors, against your paltry 1.3 billion that you and Fox News are raging about because it's costing you some flag-waving rights.
How's that for a positive spin?
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40 percent is less than half, which means that they basically have NO say in what happens going forward.
i love these income projections, and so far i haven't seen one income projection on anything connected to government spending or revenue generation that has been remotely on target.
it is no longer an american company, even though americans had to pump billions into it, and THEY HAD NO SAY ABOUT IT.
call me crazy but when you spend american taxpayer money i would like it to stay within american companies.
build it here, buy it here, keep it here.
a win-win-win situation. anything else is just a rationalization.
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