Monday, May 4, 2009

Another Puff Piece on Fiat

Boy the Windsor Star is doing a "Buona Job"!

Imagine the biggest manufacturing employer in the Windsor Essex region is in bankruptcy and in order to avoid liquidation is talking merger with Italian car company Fiat. So what do we get from our huge stable of Windsor Star reporters?

One would think a real in depth analysis of Fiat's balance sheet might be a good idea. Or how about an understanding of the Fiat debt obligations and the Italian government involvement in such. Or how about the huge layoffs recently announced at Fiat facilities in Spain. Or maybe one of the Windsor Star "super snoopers" could do an analysis of the why the Daimler Benz take over of Chrysler failed but this Fiat merger will succeed. Now that would be an interesting piece of real journalism.

Instead we get an embarrassing story in today's Windsor Star about how "Italian Canadians" in Windsor Essex can't wait to buy a new Fiat. Windsor Star Chief Honcho Jim Venney and assistant chief honcho Mary Beneteau really out did themselves on this one!!

Boy we can all sleep well tonight.