Last year, investment groups in Singapore, the Middle East and Europe began to take investment positions in American banks.
Earlier this week, Belgian based InBev reached over and grabbed a tall, cold one in the form of Anheuser Busch.
Now, rumor has it that Korea’s SK Telecom is going to join forces with a private equity firm to take over Sprint Nextel.
Next up? GM is on the ropes. The government kill either have to accept that reality or see GM die.
We’re about to enter an unprecedented period where American corporations will be pulverized by foreign forces.
The blood, toil, tears and sweat that America has spent fighting wars over the past decade is about to bankrupt its economy and force the blood, toil, tears and sweat of American workers and entrepreneurs to turn up in foreigners’ hands. It’s begun, it’s not a question of will it happen or not… it’s a question of the pace and sheer velocity of the trend.
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July 15th, 2008 at 4:42 pm
Sprint overcharged my small (US) company for over $50,000.00. We caught them doing it and now they refuse to refund the over-payments. You can read the full story at http://www.sprint-really-sucks.com
I also wrote an open letter to Dan Hesse the Chairman and CEO of Sprint Nextel. It is a good read so please consider reading the letter.
http://www.sprint-really-sucks.com/open-letter-dan-hesse.aspx