Mummelmann said:
Is it that amazing to imagine them being bailed out (Sony)? Its happening all over the world now, even here in Norway there was an emergency package set at around 80 billion dollars worth to save certain industries and I'm sure you have caught wind of the domestic packages in your own country as well. Big valuable companies will often get help in situations like these, in a worst case scenario there could be a merger or partnership with another player (Sanyo, Toshiba, Pioneer or perhaps even LG). GM, Ford and Chrysler seem to be holding fast through the shitstorm and they were in a lot deeper waters than this, so I see no reason why Sony won't pull through somehow no matter how badly many want to see them sink. |
That's not what I'm saying. There is a lot of meat to cut in the company before any talk of bailouts can even exist. They will have to be in very dire straits to be begging for money from the government. I don't think you want to aspire to be in the auto companies shoes. Or any bailed out company for that matter.
Just because you can get a bailout does not mean that all the negative financial data is irrelevant.
