Is Porsche about to die?

[Ferrer]

this is all GREED... im sorry folks but thats the truth.

Which is why capitalism works and communism doesn't.

[Dino Scuderia]

Porsche CEO Wiedeking is likely to relinquish control of the car maker. VW/Porsche still have no firm agreement on a potential deal.

WSJ

[Matra et Alpine]

Which is why capitalism works and communism doesn't.

where now is the "proof" that capitalism works ?
I see Goldman Sachs just handed out $1M bonuses to lots of their staff !!
Yes ... they've learned a lesson --- NOT
UNBRIDLED capitalism is clearly well and truly broken. just hope the planned "new world order" overseers don't screw it up the other way

[LTSmash]

where now is the "proof" that capitalism works ?
I see Goldman Sachs just handed out $1M bonuses to lots of their staff !!
Yes ... they've learned a lesson --- NOT
UNBRIDLED capitalism is clearly well and truly broken. just hope the planned "new world order" overseers don't screw it up the other way

GS also had net income in 2008 despite the credit crisis. Good thing they like PE and M&A over CMO's, and their shares are somewhere around 300-400% of Q4 2008 value. I bought and I do like the rewards.

In regards to the thread topic... I wish all Porsche autos with designated names to die. The number system seems much more plausible.

[G35COUPE]

Which is why capitalism works and communism doesn't.

The 21st century exposed the deep weaknesses of Capitalism. Self re-inforcing greed under a closed loop system, exemplified the failings and failures of capitalism. Greed isn't a bad thing so long as it had boundaries. In the US, the greed that re-inforced the meltdown, had zero boundaries.

Capitalism without regulation is dangerous. The markets are not as rational as the business academics claim they are. That idea is just a pipe dream. Regulations are needed and need to be enforced in a capitalist system in order to serve as its boundaries

And when regulation is introduced to keep capitalism from hanging itself, then is it really capitalism or a benign form of socialism?

And by the way, capitalism and socialism are the economic systems. Communism and democracy are the political systems. A political system must generally match an economic system

For example, Europe has a democratic political system but somewhat of a socialist economic system. And, the US has a democratic political system and somewhat of a capitalist economic system. Russia, would generally have a communist political system, as long as Putin remains Prime Minister, and a capitalist system which they have recently tried to adopt.

Generally, economic growth is usually greater in the US than in Europe, however, it comes at a greater risk to the US than for europe. And for this, Europe focuses on monitoring and controlling interest rates while US focuses on ensuring growth. Two different fouses---two different strategies.

The financial meltdown in Europe is a function of Europe taking their first baby step into pure and unadulterated capitalist ideals, and they got burned badly. I doubt they will make such a mistake again. And partly because of this, they will demand higher interest rates on US bonds, if and when China decides to stop loaning the US money to fund its deficits. So far, that ain't about to happen.

So, capitalism has its problems. It takes honest leadership to admit the flaws in capitalism while attempting to fix it.

[DesmoRob]

GS also had net income in 2008 despite the credit crisis. Good thing they like PE and M&A over CMO's, and their shares are somewhere around 300-400% of Q4 2008 value. I bought and I do like the rewards.

John, did you buy in march?! you bastard!

[LTSmash]

John, did you buy in march?! you bastard!

No, I was in late November once the whole TARP thing was settled. I didn't get on when it was rock bottom at 50 as I was hoping for more of it to drop. But I was a rally contributor when it jumped.

My father told me this was once in a life time and that there was no way in hell GS was going down with Paulson and Bush... he was right. So I dumped some of my energies and jumped on the Goldman Sachs bandwagon. If you know that company's history, you know they don't mess around with CMO's and Sub-prime... this isn't the 80's.

[f6fhellcat13]

No, I was in late November once the whole TARP thing was settled. I didn't get on when it was rock bottom at 50 as I was hoping for more of it to drop. But I was a rally contributor when it jumped.

My father told me this was once in a life time and that there was no way in hell GS was going down with Paulson and Bush... he was right. So I dumped some of my energies and jumped on the Goldman Sachs bandwagon. If you know that company's history, you know they don't mess around with CMO's and Sub-prime... this isn't the 80's.

Congrats, sir!
If I actually had money right now (or about 1/2 a year ago) I would have tried to put it into one of the near-rock bottom stocks and make some dough. Unfortunately, college costs $9,999,999,999 per semester so my funds are a bit limited.

[LTSmash]

Congrats, sir!
If I actually had money right now (or about 1/2 a year ago) I would have tried to put it into one of the near-rock bottom stocks and make some dough. Unfortunately, college costs $9,999,999,999 per semester so my funds are a bit limited.

Thank you.

Being a student myself, I would suggest you make a savings account for cash dedicated to stocks. This can be a good way to help cover future expenses or student loans if you are in that situation. Just take a very small percentage of your monthly income and put it into an account, then when shares are undervalued you take that cash and buy, sell, and repeat.

[4wheelsonline]

REPORT: Porsche facing dire times, actually skirted bankruptcy in March

Discuss.

How sad. I think not. Maybe there will be a car company that will rescue them.

[Matra et Alpine]

VW just wait a little longer and they can get it for cents on the dollar

[LTSmash]

VW just wait a little longer and they can get it for cents on the dollar

I'm mentally preparing for that funeral.

[henk4]

According to Reuter's.: 8 bln Euro to be paid by VAG. 100 mln severance pay for Wiedeking....(still under negotiation).

[Dino Scuderia]

The Porsche-VW deal has hit fresh snags over a potential tax liability amid growing tensions between the two camps.

WSJ

[LeonOfTheDead]

what's would be Porsche SE about after Porsche AG would be sold to VW?