Delphi Bankruptcy

[Karthik]

Moderators Note:

Let's keep this discussion to Delphi's bankruptcy, and it's effect on FIRST. Discussion of the roots, merits and demerits of taxation laws in America (not directly related to the Delphi situation) should be held in a new thread in the Chit-Chat forum.

[Joe Matt]

So, what about scholarships? Will they cut those?

[Rickertsen2]

this thread rapidly detioriated my original intent.

[Conor Ryan]

This can be bad for first as a whole not only as for the Delphi sponsored teams, but FIRST as a whole. Delphi is a founding sponsor of FIRST and dedicates tens of thousands of dollars to get the competition of the ground each year. So it should be intresting what happens now.

Heres an older thread on Speculation that this would occur it has some intresting discussion too

[Collmandoman]

Will they shutdown the forum?!?

[Rich Kressly]

Alright. I thought Travis made things crystal clear for people, but perhaps I should clarify.

1. Your ONLY concern right now should be for PEOPLE. Teams, forums, and how this may or may not affect the outside world are secondary.

2. Speculation on what happens to others at BEST belongs in the rumor mill, but in this case, doesn't belong at ALL.

3. This announcement was released yesterday. How on earth could anyone know anything yet, especially when the CEO states that nothing will change right away and that all future changes will be handled in an orderly manner?

4. If there is something for you to learn, you will learn it directly from appropriate sources. Be PATIENT. You may hear nothing at all for months, maybe longer.

5. Please refrain from starting your thoughts with "I bet..." or "I wonder if..." followed by some doomsday scenario. It's thinking like that that sent thousands running to the bank for their money in 1929.

If you've ever come upon two people having a conversation and found the people were talking about you, I'm sure it was at least uncomfortable for you. I consider the people that are potentially affected my friends (notice I use the word "potentially" because I have no clue about any of the inside details, nor will I ask anyone).

Maybe I'm just being grumpy, but I find this kind of rumor-mongering to be distasteful. Every time I face adversity and uncertainty in my life (yes, we all get our turn to go through such things), I find compassionate people, not people who pick at open wounds.

When I think of this announcement I see the faces of my friends and, in some cases, the faces of their children. I wish my friends and their families well during an uncertain time and I offer my support.

Now, if you want to talk and speculate further, BET on this. You will receive a pm from me, asking you to take your conversation to a private arena. I know society in general loves this kind of thing. I also know that FIRST attempts to improve upon and even change the culture for the better. Everyone here is capable of rising above the trappings of popular culture and this situation is no different.

Namaste...