General Motors Board of Directors Levies Fines Against Toyota

Discussion in 'Current Events' started by Nonelitist, Apr 5, 2010.

  1. Nonelitist
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    Nonelitist BANNED

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    Last edited: Apr 5, 2010
  2. WillowTree
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    WillowTree Diamond Member

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    Now you knew that was coming didn't you? the oath of this regime is to punish success. success is evil.
     
  3. saveliberty
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    saveliberty Diamond Member

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  4. theDoctorisIn
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    theDoctorisIn Senior Mod Staff Member Senior USMB Moderator

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    You mean Daniel Akerson of the Carlyle Group, David Bonderman of TPG Capital, Robert Krebs (Rail magnate), Patricia Russo (former CEO of Lucent/Alcatel) and Ed Whitacre (former CEO of AT&T) have the authority to fine Toyota?

    That's news to me.
     
  5. txlonghorn
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    txlonghorn Senior Member

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    Makes you wonder who's next huh? Oh wait, that would be us....
     
  6. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    What a surprise. Let's just chase Toyota from the United States. Those workers dont need jobs.
     
  7. Toronado3800
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    Toronado3800 VIP Member

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    I disagree with the poster's premise.

    This sounds at least 16 times as bad as the wiper fine from a few years back.

    I also don't think 16 million is a big deal to GM or Toyota. More a public relations / future legal problem.
     
  8. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    16 million is 320 - 533 jobs a year. May not be a big deal to you, but i bet those families think it is.
     
  9. theDoctorisIn
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    theDoctorisIn Senior Mod Staff Member Senior USMB Moderator

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    Are you arguing that companies should do whatever they want, because punishing them will cost people jobs?

    Where do you draw the line?
     
  10. txlonghorn
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    txlonghorn Senior Member

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    Oh, they'll just hire 530 more census takers and call it even.
     

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