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Tag: "saab"

SAAB: Symptom Of A Bailout Culture

By on Nov 25, 2011 in Featured Posts, Money

SAAB Automobile AB announced today that, for the sixth month in a row, they can’t meet payroll. The backstory for this American audience: Saab first announced difficulties paying its employees in April. The employees (better-known in socialist speak as “workers”) ceased working, and have been collecting government unemployment benefits equal to their full salaries ever since. Saab’s [...]