Autoblog Podcast #131
Episode #131 of the Autoblog Podcast is here. Chris, Sam, and Dan sat down and kicked the ball around. The most important news when we rolled our recorders was the Supreme Court's staying of Chrysler's deal with Fiat. Staying with Fiat, we also kibbitzed about the nameplate's showing in a new J.D. Power satisfaction study. Ferrari's green efforts are next in our bombsights before we touch on GM's winding down of its medium-duty trucks and the call from some politicos to boycott General Motors. Wrapping up, we cover a few questions and call it a night. Thanks for listening, and as always, shoot us a note at Podcast at Autoblog dot com.
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Reader Comments (Page 1 of 1)
Sam 4:57PM (6/09/2009)
./start rant
I hope there is less whinnnnnnnning this time so I won't have to be as busy on the FWD button as I was in #130.
Are you just refusing to change up the podcast line-up for spite?
My biggest reason for wanted the auto industry to turn around is so I don't have to hear you guys talk about it every week ad nauseam.
Maybe you can spend a little more time on cars and related technologies like when this podcast first debuted instead of turning it into a cable news show.
./end rant
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johncuyle 7:18PM (6/09/2009)
Wow, did they ever get it wrong on the bankruptcy issue. The problem is that the feds have structured a bankruptcy where they have lowballed the estimate of the value of Chrysler, sidestepped a real, solid evaluation of the value of the company to do so, and structured the outcome such that secured creditors get pennies on the dollar while unsecured creditors get large chunks of a company that is valued at billions. For all intents and purposes, this is a violation of the 5th amendment. The Feds are siezing property and redistributing it to someone else. The mechanism they are doing it is by claiming the property is worth pennies and paying the people that own it pennies, but the fact that money is changing hands doesn't make it fair. They are doing an end run around well established bankruptcy law and the Supreme Court will, hopefully, put a halt to it.
At the very least there should be an open, independent valuation of what the company is worth if it were to go into liquidation. That hasn't been done.
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Sean 1:13PM (6/10/2009)
What the hell is with all of the background noise in this one? Half the podcast had someone either echoing or mouthbreathing making it damn near unlistenable.
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cviaguilar 10:45PM (6/11/2009)
Dont listen to the guy on top I think u guys do a great job, and you guys ranting on the show makes it even more fun, kepp up the good work.
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