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Alcatel-Lucent Message Board

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  • norcross2 norcross2 Sep 5, 2012 10:27 AM Flag

    Just listened to Cramer on CNBC a few minutes ago......

    absolutely agree. However, the danger is that the USA and French governments do a GM quick bankruptcy on the company: extinguish shareholder value(steal from investors), nationalize the company, use alu cash to pay off debt, maybe 66%payoff to debt-holders leaving them with a 33% haircut, use the rest of cash to recapitalize the company then with no debt, give half the company to the unions and their programs, then finally repackage the assets of the company and future value as you describe and sell it back to investors(again stealing from investors). This would then be a great socialist government cash cow. What a country! Just like how now the SEC, FTC, and DOJ operate as great cash cow machines manipulating private enterprise and extracting income from them by Federal investigations and lawsuits. And the people say that private enterprise doesn't pay anything to the Federal government? There you have American socialism in a nutshell.

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