Re: Calls for Schremmp to Resign

From: David Digney (dodgedakotaquadcab@hotmail.com)
Date: Thu Nov 30 2000 - 11:29:00 EST


These friggin Germans..
Cant trust them now..
Couldn't during World War II...

I have nothing against people who are of German descent,i just cand stand
those ass%@#*# of Daimler!.I hope Schrempp gets his butt reamed,and GOOD!

"Lets hope Schremmp gets a damn good case of food poisoning,or botulism" ;)

oh,and if someone who is German doesnt like this post..

I REALLY DONT CARE...

P.S. "this excludes Bernd.He's my buddy!"
>From: Stlaurent Mr Steven <STLAURENTS@mctssa.usmc.mil>
>Reply-To: dakota-truck@buffnet.net
>To: "'dakota-truck@buffnet.net'" <dakota-truck@buffnet.net>
>CC: Clermont Mr Raphael J <CLERMONTRJ@mctssa.usmc.mil>
>Subject: DML: Calls for Schremmp to Resign
>Date: Thu, 30 Nov 2000 07:36:59 -0800
>
>
>LENGTH: 408 words
>HEADLINE: DaimlerChrysler hit by more lawsuits, labor unrest
>BYLINE: Earle Eldridge
>BODY:
>
>DaimlerChrysler's woes mounted Wednesday on two continents, two days after
>it was sued by its third-largest shareholder.The troubles are
>coming at a time of declining sales and mounting losses at Chrysler. New
>developments:
>
>* Two more lawsuits were filed claiming CEO Juergen Schrempp lied to
>shareholders in 1998 when he said the merger of Chrysler and
>Daimler-Benz was one of equals. The lawsuits allege he intended to run
>Chrysler as a division of Daimler-Benz. The new lawsuits say
>Schrempp "promised and assured" shareholders that an American Chrysler
>management team would remain in charge of Chrysler after the
>merger.
>
>Since the merger, several top Chrysler executives have been forced out.
>Last
>week, Dieter Zetsche, a German Daimler executive tapped by
>Schrempp, became Chrysler's president. No. 3 shareholder Kirk Kerkorian
>sued
>DaimlerChrysler on Monday, seeking $ 8 billion in
>damages. DaimlerChrysler officials say the lawsuit lacks merit.
>
>* Calls for Schrempp to resign intensified Wednesday both in Germany and
>the
>USA. A German shareholder activist group says it plans to
>submit a motion for Schrempp and other top DaimlerChrysler executives to
>resign at the annual shareholders meeting in April. Meanwhile,
>Seth Glickenhaus of the U.S. investment firm Glickenhaus & Co. says he
>plans
>to file a shareholder lawsuit and wants Schrempp to resign.
>
>"Unless one is running the Mafia, I would say you don't want a person who
>lies on crucial and important matters," Glickenhaus said in
>reference to Schrempp. "A grave, critical, crucial injustice has been done
>to stockholders."
>
>* Labor unions warned DaimlerChrysler that they are not willing to accept
>changes in their contracts as a means for the new management
>to cut costs. Canadian Auto Workers union President Buzz Hargrove met with
>the new Chrysler management team Tuesday. Hargrove
>said he told Zetsche that the union had a good relationship with former
>Chrysler management and "now, all of a sudden, we can't find
>anyone at the top level that has a good understanding of our relationship."
>
>On Friday, Chrysler is expected to announce at least two more plant
>shutdowns that will begin next week. Three plants shut down this week
>to reduce inventory. The new shutdowns may include a Newark, Del., plant
>that builds the Dodge Durango sport-utility vehicle, according to
>plant employees. The Durango is Chrysler's fifth-best selling vehicle out
>of
>29 models.
>
>-------------------------------------------
>Steven St.Laurent
>Test Engineer
>Test Branch, GSD, MCTSSA
>MARCORSYSCOM, USMC
>760-725-2506 (DSN 365-2506)
>Work:mailto:stlaurents@mctssa.usmc.mil
>Home:mailto:saint1958@home.com
>
>

David Digney
List Moderator: "DodgeDakotaQuadCab@egroups.com"
00'QC,SLT+,3.9,42RE,3.55,
K&N Home-Brew,Dynomax Super Turbo,Mobil 1 10w30

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