Step right up with palm out and hat in hand. Now Daimler has had to seek foreign aide to shore up its bottom line. Abu Dhabi and now has a 9.1% stake in the renowned German Auto Maker. I guess even that segment of society has decided that luxury can wait and hence sales have fallen. I love the quote in today’s WSJ, “The best time to invest is when people panic” said the chairman of Aabar Investments. Wow, how would like to be sitting in Stuttgart and reading your largest stake holder basically you are in a panic. Oh, that must just ruffle the feathers a little! I should not be so harsh I guess. I am jealous of Mercedes, their innovation, their safety, their commitment to Formula 1. I’m hard pressed for words on the new economy because looking at the Daimler model, they are now 15 percent owned by the Middle East. Kuwait Firm IPIC has 6.9% too. How will that board meeting look like now because I would have to think that they would want some board seats. Interesting. What will American have to do now. Aabar said they do not want any American Auto makers but will they look at GE or other blue chips instead? I think back to my America For Sale post. Could I be right?