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SanDisk Corp. Message Board

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  • sunseeds777 sunseeds777 Nov 10, 2008 10:51 AM Flag

    circuit city........bankrupt

    F, GM deserve the same fate, but why is the government going to bail them out...

    Imagine if they got a loan from the government and then blew thru that, only to find themselves near bankruptcy again.

    What would the Federal Government do ? Put them up for sale ?

    Who wants to buy a car company, which insiders sold out their very own company - taking excessive pay and stock options, etc.

    Not investing back into the company with R&D and tooling. But, rather going out and buying up other failing companies. Where were being sold off for the very same reasons.

    It's like a lot of properties where I live at... Old gas stations and hotels, which even the India's are essentially walking from. Who wants to buy a deal.

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