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New audit shows TARP costs 10's of thousands of jobs forcing dealership closings.

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  1. ginwilly ginwilly is offline

    Dublin, GA
    United States

    Posts: 8,167
    Joined: Jan 06

    Jul 20th, 2010 (7/20/2010 2:20am)

    http://www.businessweek.com/news/2010-07-19/u-s-faulted-for-pushing-gm-chrysler-to-speed-dealer-closings.html

    still don't understand how they were chosen and why so many profitable dealers were forced to close their doors but oh well.

    Anyone know if BRSavage was affected by this?
  2. BigEarn7 BigEarn7 is offline 2010 Plattsburgh Award Winner

    Chicago, IL
    United States

    Posts: 7,587
    Joined: Oct 06

    Jul 20th, 2010 (7/20/2010 2:25am) in reply to ginwilly

    I was driving around the other day and just saw tons of hugeeeeee dealership lots totally vacant, kinda brutal.
  3. tommpat2000 tommpat2000 is offline Chief Asshat

    Saint Paul, MN
    United States

    Posts: 13,498
    Joined: Apr 06

    Jul 20th, 2010 (7/20/2010 2:29am) in reply to BigEarn7

    I was driving around the other day and saw tons of hugeeeee dealership lots totally vacant, kinda brutal.
  4. scgolfer scgolfer is offline honey let's go

    Peoria, AZ
    United States

    Posts: 1,245
    Joined: May 05

    Jul 20th, 2010 (7/20/2010 2:44am) in reply to tommpat2000

    Wow, unintended consequences because of intervention. I would have never thought it could happen.
     
  5. ginwilly ginwilly is offline

    Dublin, GA
    United States

    Posts: 8,167
    Joined: Jan 06

    Jul 20th, 2010 (7/20/2010 3:02am) in reply to scgolfer

    so does anyone know if BR is OK?
    Thread Starter
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