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Re: Proudly blame and boycott GM
Posted by Actually not (more from Actually not) on Mon, 21 Dec 2009 08:16:56
In Reply to: Re: Proudly blame and boycott GM, Keith
[Profile/Gallery]
, Sun, 20 Dec 2009 13:46:01
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The media likes to repeat GM's assertion that Saab has been a money loser, but it's all a bunch of slick accounting. GM has apparently cooked the books in some legal fashion, to avoid paying Swedish income taxes. It's been mentioned a few times on this BB. This kind of thing is not hard to do. I don't know how it was done, but one could charge high internal prices for parts made by a GM division in another country. A hospital I used to work for did that. It was all funny money. I watched them charge themselves about triple for a renovation project.
posted by 96.61.4...
Posts in this Thread:
- Proudly blame and boycott GM, jp, Sat, 19 Dec 2009 21:44:24
- Re: Proudly blame and boycott GM, really?, Chris, Sun, 20 Dec 2009 21:02:17
- Re: Proudly blame and boycott GM, Keith
, Sun, 20 Dec 2009 13:46:01 - Re: Proudly blame and boycott GM, Erik919kt, Sun, 20 Dec 2009 10:18:51
- With you 100%., B Millar
, Sat, 19 Dec 2009 22:42:12 - Re: Proudly blame and boycott GM, ryan
, Sat, 19 Dec 2009 21:58:26
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