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  • What China Gains from Bailing Out Hummer  [View article]
    The pickup based Hummer has no future. The only sale happening is fire sale. Now if GM included a secret pact selling that chasis technology to Tengzhong that would be something else.

    Why does Tengzhong want Hummer, Perhaps put the logo on their earth diggers ?

    Lenovo wrote off $Billion losses on that IBM deal. What it gained is still unclear.
    Jun 04 09:12 am |Rating: +1 -1 |Link to Comment
  • Asian Bond Investors: Beware Asian Legal Systems [View article]
    How is it different from GM asking bond holders forgive 2/3 of the debt. A company needs refinance or BK bond holders get hurt either way. Bond holders get paid after accounts payable and other senior debts.

    Asia's bankruptcy law just fine.
    Feb 24 06:45 am |Rating: 0 -2 |Link to Comment
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