Another simple question....
11-21-2008, 08:10 PM
#1
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Another simple question....
...Would it be a conflict of interest (read: legal) for an oil company to buy one of the big 2.5 or at least loan money to Detroit? They are one of their biggest customers afterall....and they have a ton of extra $$ these days. 
Just bored and cold here in Indiana.....
Just bored and cold here in Indiana.....
11-21-2008, 08:31 PM
#2
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I certainly don't think it would be illegal for them (or any other private entity/company) to loan Detroit money.
As to buying them...I doubt it would be illegal but it would probably not go over well (there are already a LOT of people who firmly believe that the auto industry and the oil industry are in bed with each other!).
It is an interesting thought since the oil companies' future is certainly tied to great extent to the automotive industry's success.
As to buying them...I doubt it would be illegal but it would probably not go over well (there are already a LOT of people who firmly believe that the auto industry and the oil industry are in bed with each other!).
It is an interesting thought since the oil companies' future is certainly tied to great extent to the automotive industry's success.
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