User Forum Posts

bump

Shouldn't be any confusion. Just have to wait until April 10th for the close date to pass. Since the talks are off, there will not be any regulatory body blocking the deal. Simple enough; short.

Bump...

There is no economic reason for the government to bail out a technology company. If Micron were to fall on hard times (worse than what they may be experiencing now) they could file bankruptcy; the company does not disappear it just gets recapitalized and re-emerges with less debt and different owners. Happens all the time. Only a company that is perceived to have too much of an influence on the U.S. economy would be offered a bailout, hence AIG and the automakers. AIG was a money issue; too many other companies had assets backed by AIG derivative assets that if AIG failed, losses at the other companies would rack up dragging them down as well. The automakers were a jobs issue; if one or all of the big three failed there would be a trickle down effect to all the parts suppliers and that would lead to more layoffs. Both of these possibilities were percieved to be threats to the U.S. economy as a whole. There is no way Micron gets any money from the U.S. government under any circumstance, bailout or stimulus.

Here is a link to the FEMA site containing a drought update that contains the words "On Feb 27, the Governor of California declared a State of Emergency due to current drought conditions." http://www.fema.gov/emergency/reports/2009/nat022809.shtm Still, not sure if this satisfies the payout, though. It depends on the interpretation of "as posted on the Federal Emergency Management Agency (FEMA) and/or Department of the Interior websites." Is a simple mention sufficient, or is a more formal announcement required?