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Reader Comments for
Subscribe to this threadTata takes out $3 billion loan to buy Jaguar and Land Rover
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VP @ Mar 18th 2008 6:13PM
If you graduated college, i am pretty sure now that you slept through ECON 101. Do you think any company is going to have cash resources of over $3 billion? Did you ever buy a car or a house with cash?
Why do you think Chase gave Tata a loan for all those billions? Because they have confidence in tata's ability to pay it back. By the way you will enjoy Indian companies buying a lot more of your "icons". This is just the beginning.
Zane @ Mar 18th 2008 6:48PM
@VP: While I agree with you for the most part, your direct attack on Colin tells me you skipped all your classes on basic communication skills.
Oh, and I know hundreds of car buyers who pay the entire amount up front. Your comparison makes no sense.