Thursday 17 December 2009

Typically Swedish at least the way the Swedish media have started to dig into the backgrounds of the owners of Spyker. Dagens Industri ran a headline reporting false accounting,losses and spekulation of Spykers ability to survive even as it stands today let alone pump in the required 3 billion SEK.
What the hell does it matter and why do DI care......They don't its just something to write.
Is the Swedish media so absurdly naive that Spyker is the only company with dodgy owners ? Look at GM they went bankrupt !!! They ripped off and ripped up the retirement agreemets for thousands of people. They terminated agreements or put those that they did not like into the old GM which eventually will be liquidated.
GM owe the American taxpayer $50 billion......GM a model company I dont think.

Spyker Cars owners

Largest shareholder in Spyker Cars is the Russian financial company Convers Group. Ownership of nearly 30 percent are divided on the bank string in Lithuania and Desolery in Cyprus.


Convers Group is in turn largely owned by Vladimir Antonov. His father, Alexander Antonov is president of the company.


Second largest shareholder is the state investment company Mubadala based in United Arab Emirates. Mubadala rescued Spyker Cars to avoid a bankruptcy two years ago. The company disclosed in accordance with their own website have invested billions of dollars locally, regionally and internationally.

This type of ownership is not disimilar to other well known vehicle manufacturers, VW and Mercedes ?

Today I am going to an auction. My neighbour is selling his inheritence which is 85 ha of forest.If the price is right ( which I dont think it will be ) I will become a lumberjack instead.

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