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Oracle of Delphi

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Everything posted by Oracle of Delphi

  1. Bring your criminals to my home state of Texas! Texas knows how to do deal with them ...
  2. Mantequilla
  3. Link: http://www.holdencampaign.com.au/deniutemuster/
  4. Hand/Eye coordination problem ???
  5. Bon Voyage
  6. I think the GM Senior staff should wear these on every GM commercial, that would get the public's attention ...
  7. I kind of like the idea of bringing crucifixion back. What a perfect deterrent to crime. A slow agonizing death in a public plaza is just the thing. Jesus, we could even televise it! It would be the ultimate reality show ... If only I had a crucifixion emoticon ...
  8. FRANKFURT (Reuters) - Germany's economics minister ruled out any attempt by General Motors to include an option to buy back majority control of Opel as part of a deal to give up over 50 percent of its German unit in exchange for state aid. "This is incompatible with our views and cannot happen," Karl-Theodor zu Guttenberg told German Sunday paper Frankfurter Allgemeine Sonntagszeitung in an interview. The comments could suggest that Belgian financial investor RHJ International (RHJI.BR) may have problems with its bid if the company is viewed as only a short-term player. Germany is expected to shoulder the bulk of the billions in loan guarantees as part of a deal, and state and federal governments are represented on the board of a trust that has to approve a sale of Opel. The minister also warned bidders for Opel will have to invest more of their own capital for the package of state aid to obtain EU clearance, since otherwise the only ones risking anything are taxpayers. Zu Guttenberg explained that the size of the state aid requested would not be the deciding factor alone for Berlin. "That's too simple. What good is an offer that is cheap (to the taxpayers) if the return of the money is in question. The key will be if a concept is so sustainable that there is a high probability that the interest, fees and the money can be paid back," he said. When asked what was sustainable he responded: "A competitive company that urgently addresses the need to consolidate (capacity and staff)." Canadian auto parts supplier Magna (MGa.TO), little-known Belgian investment holding RHJ and Beijing Automotive (BAIC) have been in a race to acquire Opel, with final binding offers due at the close of business in Europe on Monday. BAIC has requested only 2.64 billion euros in state aid, while RHJ wants 3.8 billion and Magna 4.5 billion, but the Canadian group is seen as heavily favored within Germany -- a country where the short-term time horizon associated with financial investors is viewed with suspicion. Magna's board of directors is expected to approve its takeover plan for Opel at a meeting on Sunday evening. Some executives at GM unhappy about losing control over Opel are pushing for a deal with RHJ in part because of the higher likelihood that the Detroit carmaker could reacquire control over its former German subsidiary, sources familiar with the talks told Reuters. Previously called Ripplewood Holdings Japan, RHJ is loosely tied with the eponymous U.S. private equity firm founded by Timothy Collins but refers to itself as a "diversified" group that creates long-term value for shareholders. (Reporting by Christiaan Hetzner; Editing by David Cowell) Link: http://www.reuters.com/article/reuterscomS...E56I1S820090719
  9. I'm using this desktop background in honor of the 40th anniversary of landing on the moon (July 20, 1969). You can also see the Lunar Rover, which was built by GM. At that time I was only 7 weeks old ... Click the full image, then when it comes up click the pic again to see it in it's full glory!
  10. She's 17, she doesn't need one more thing to distract her ... I'd like to keep the car in one piece ...
  11. 5 speed automatic ...
  12. If your nice, I'll have my daughter take you for a spin one day ...
  13. Better than who's? I'm not in competition ...
  14. She would not be the 1st female serial killer ...
  15. I'm buying beachfront property in Nevada in anticipation and willing it to my descendants ...
  16. Actually GM paid for about 92% of it, BMW paid about 8% of it, yet BMW will reap the benefits ...
  17. Exactly, ready for your ocular implant ???
  18. Now, now, new CEO, fresh ideas ... Meet the New GM, same as the Old GM ...
  19. I think they might, I just received a new degree in Artificial Intelligence & Cognitive Robotics ... I have a rare skill, I am working on making robots self aware, imagine what that will do on the plant floor, or in the world at large ...
  20. I don't know, they let me come and go as I wish ...
  21. Automotive News July 15, 2009 - 10:46 am ET BRASILIA (Reuters) -- General Motors unveiled plans today to spend 2 billion reais ($1.02 billion) in Brazil through 2012 to develop a new family of vehicles for the South American market. The U.S. automaker plans to invest the bulk of the money at its Gravatai factory in the southern state of Rio Grande do Sul, which it would expand to increase production capacity, Jaime Ardila, GM's chief executive for Brazil and the Mercosur region of South America, said in a statement. GM made the announcement after Ardila met in Brasilia with President Luiz Inacio Lula da Silva, a former metalworker who cut his political teeth in the late 1970s as a union leader representing auto workers in Sao Paulo's industrial hub. Link: http://www.autonews.com/article/20090715/A.../307159957/1176
  22. Automotive News July 13, 2009 - 12:01 am ET When Rick Wagoner was canned by the Obama administration earlier this year, many wondered how long his replacement, General Motors old-timer Fritz Henderson, would last. Listening to Steve Rattner, head of the administration's auto task force, last week, it would appear that Henderson has some job security. "We have been spending time with the GM team, and we're very pleased to see the energy that both CEO Fritz Henderson and incoming Chairman Ed Whitacre are devoting to ensuring GM's future success," Rattner told reporters. Rattner didn't waste other opportunities to tout the dutiful Henderson. Asked about Henderson's future, Rattner said the CEO serves at the pleasure of the board. But in case anyone had any doubts about where the government, which owns 60 percent of the new GM, stands, Rattner added: "He has really turned himself into this with great energy and enthusiasm." Link: http://www.autonews.com/article/20090713/ANA03/307139962
  23. Automotive News July 13, 2009 - 12:01 am ET Recall that after General Motors gave Oldsmobile the brushoff, at least the vehicles got a classy send-off. The final 500 units of each model sported a special red paint job, embroidered upholstery and a colorful badge. Pontiac gets bupkis. "I wish I could say it was otherwise," said Pontiac spokesman Jim Hopson. "But given the situation and timing, there literally was not enough time to put together any special-edition packages." The Pontiac wind-down looks like this: The G3, G5 and G8 already have gone out of production. The Solstice sports coupe and convertible are done this month. The total production run of 1,100 Solstice coupes, Hopson said, will have sequential serial numbers. The Vibe ends production in August. A final insult to Pontiac: The last G6 models, to be built in September, will be for rental car fleets. Link: http://www.autonews.com/apps/pbcs.dll/arti...373360363921244
  24. Ewwwwww, don't get anything rubbing off on him, on me. I have standards ...
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