Porsche debt problem.

[Cloudsurfer]

Originally Posted by Brucelee

The first think you learn in business school is the difference between cash flow and accounting profits.

Looks like these guys forgot about that.

I have to say, I would LOVE to see Piech end up broke. He started all of this nonsense and he should pay dearly for his hubris.

IMHO.

I'll second this.

[PlayersExpress]

Funny thing is, Porsche is doing better than all the other car companies.... so what does that tell us? We were lucky enough to only get the half retarded clowns running the show not the fully autistic ones.


I think the executives at Porsche think the company slogan applies to them "Porsche, there is no Substitute..." I think its about time they get replaced, and I believe they will because the Porsche family is not happy with the way things are being run.

They all forgot that you don't build a car company by trading leveraged stock options. You build a car company by building cars.

I second that.