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#1
02-11-2009, 05:49 AM
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Re: GM Looking at Buying Back Delphi
The only people who got rich off the spinning off of supporting assets from many of the vertically integrated industries were the investment bankers and underwriters... well shareholders as well... but the problem is that these large industries are now dependent on suppliers over which they exert no fiscal control, if they (industry) are going to have to prop them up or buy them back... other than the fleecing of the average guy... what was purpose?
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~JAG~ NCRS#65120 68 GTO HO 4 spd Alpine Blue /Parchment 2 owner car #21783 71 Corvette LT1 45k miles Orig paint - Brandshatch Green - National Top Flight - last known 71 LT1 built. 71 Corvette LT1 42k miles Original paint - Black - black leather - only black LT1 known to exist. NUMEROUS Lemans blue Camaros, Monza Red and Daytona Yellow Corvettes & a Chevelle or two... Survivors, restored cars, & other photos https://picasaweb.google.com/lh/myphotos 
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#2
02-11-2009, 11:02 PM
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Re: GM Looking at Buying Back Delphi
[ QUOTE ]
The only people who got rich off the spinning off of supporting assets from many of the vertically integrated industries were the investment bankers and underwriters... well shareholders as well... but the problem is that these large industries are now dependent on suppliers over which they exert no fiscal control, if they (industry) are going to have to prop them up or buy them back... other than the fleecing of the average guy... what was purpose? [/ QUOTE ] I'll agree with that...but evidently GM is missing the big picture, as my latest Diesel Power says they're looking to unload ACDelco...! 
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