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#1
07-19-2009, 05:48 PM
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Porsche being a SOB, good read!
http://radian.org/notebook/porsche
Old news, but it was so well done its a classic! Nothing like making 6-12 billion euro's over three years.
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 
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#3
07-19-2009, 07:35 PM
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Oh yeah that was brilliant. It reminds me of V for Vendetta which I was watching again last night. Get all the pieces lined up without letting anyone know and then make your move to the entire world
 Here is a question, how was Porshe able to buy so much stock without anyone noticing? 75% of any company is a huge amount of money and VW isn't exactly a small company....
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1982 300GD Carmine Red (DB3535) Cabriolet Parting Out 1990 300SEL Smoke Silver (Parting out) 1991 350SDL Blackberry Metallic (481)  "The thing is Bob, its not that I'm lazy...its that I just don't care."
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#6
07-19-2009, 09:47 PM
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Porsche
What is the difference between a cactus and a porsche?
With a porsche, the pricks are on the inside 
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Anders 1995 E300 2015 VW TDI Sportwagen 15K 1977 240D (197K) 2002 Subaru Legacy L Wagon (115k) (Wife's) Gone but not forgotten: 2005 Buick LeSabre 1998 C230 1984 300D 1983 240D 1981 300SD 1974 240D 1974 Fiat 124 Spider 1968 Triumph TR250 Last edited by andersbenz; 07-19-2009 at 09:48 PM. Reason: fx
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#7
07-19-2009, 09:55 PM
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Old news.
Because Porsche is who is in dire financial trouble at the moment. Wiederking is about to be ousted as CEO and VW is offering to pay off most of their debt for control of Porsche. The clever move by Porsche didn't account for the world markets taking a beating the way they did.
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'O=00=O' bmw 2002. long live the legend
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#8
07-19-2009, 10:45 PM
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Quote:
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1984 300TD
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#9
07-20-2009, 12:45 AM
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Quote:
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TC Current stable: - 2004 Mazda RALLYWANKEL - 2007 Saturn sky redline - 2004 Explorer...under surgery. Past: 135i, GTI, 300E, 300SD, 300SD, Stealth
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#10
07-20-2009, 02:15 AM
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There strategy is a complete failure; the Lamb ate the Wolf (VW>Porsche).
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1979 Black on Black, 300CD (sold), 1990 Black 300SE, Silver 1989 Volvo 780, 1988 300CE (vanished by the hands of a girlfriend), 1992 300CE (Rescue).
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#11
07-20-2009, 08:13 AM
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Failure? They made a few extra billion and VW is making their debt go away. Sounds like a pretty smart move to me.
Anyone want to calculate what the ROI is on $12B @ 4.25% interest?
__________________
1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200
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#12
07-20-2009, 10:40 AM
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Quote:
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#13
07-20-2009, 01:54 PM
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What I see is a brilliant business move that solved a lot of problems. Truely a world class play here; billionaire's poker!
How do you take a company thats sucking wind and 10B in debt, and get out with 10B or more in three years? In an economy that is as bad as this one?Thats what this was, and it was perfectly exicuted.
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200
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#14
07-20-2009, 01:55 PM
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Quote:
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200
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