Someone please explain

From: Matt Thar (henryrollins@springmail.com)
Date: Tue Jan 30 2001 - 00:34:57 EST


I just do not get it.
I have been reading all I can over the DC promblems and all the layoff's. I am also reading the book "taken for a ride" ( Good Read ). But I still do not get it. DC was a money making machine. They were in the black big time. They had a strong lineup. Then the market slowed down, a little more then some expected. They start going crazy killing job's shuting down factory's making suppliers cut 10% out of there cost. I have been reading the news and finding out all I can about this, But still do not understand why they are losing so much money. I have not heard that G.M. is hurting that bad same with ford. Last I heard DC had a couple billon sitting around in a bank for this very reason. Did they use it up in the takover? Please Expain what happened and Why

Thanks
Matt Tharp



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