posted on 05/01/2012 7:22:25 PM PDT
GM should be broken up and the pieces sold off.
posted on 05/01/2012 7:24:28 PM PDT
(Don't wake up in a roadside ditch. Get rid of Romney.)
GM bailout was only good for those who had connections...
WSJ:Moraines workers got nothing in the bankruptcy deal. Their plant, which had closed months earlier, was ultimately sold to a developer. The workers were barred from transfers to UAW plants, as were thousands of others who had worked for Delphi Corp., GMs former parts arm.
posted on 05/01/2012 7:30:38 PM PDT
(Big Government does not tolerate rivals.)
but...but...but...they paid that money back
It’s incredible that there are serious investors with money in the once venerable GM and I have some of my money in a startup that may soon exceed GM in value.
posted on 05/01/2012 8:03:37 PM PDT
(In Nov 2012 my 11 y/o granddaughter will have more relevant executive experience than Barack Obama)
“I personally believe there’s a lot of value in GM stock that’s been badly treated <<<
Tell the bond holders that....about being badly treated as to established law!
posted on 05/01/2012 8:09:38 PM PDT
To: tobyhill; All
” “I personally believe there’s a lot of value in GM stock that’s been badly treated by Wall Street,” he told CNNMoney at the Milken Institute Global Conference in Los Angeles.
BS....as a former car dealer....listen....the stock is worthless.
posted on 05/01/2012 8:22:31 PM PDT
(God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
It’s closer to $50 billion.
I have owned GM cars all my life, but I will never own another one. I will buy anything rather than a GM product.
"Car companies got in trouble, because they didn't have the right products," he said. "Now they have better products, but they need still better products."
No. Car companies got in trouble because they've been bending over and taking it from the unions. The GM bailout protected the UAW from having to make any concessions... we're now on the hook for their benefits packages. Wake me when we do something about it.
posted on 05/01/2012 8:33:22 PM PDT
(Republicans get in trouble when not living up to their principles. Democrats... when they do.)
Amazingly, of the 789 dealerships closed by the federal government, 788 had donated money, exclusively to Republican political causes, while contributing nothing to Democratic political causes. The only "Democratic" dealership on the list was found to have donated $7,700 to Hillary's campaign, and a bit over $2,000 to John Edwards. This same dealership, reportedly, also gave $200.00 to Obama's campaign. Does that seem a little odd to you?
Steve Rattner is the guy who put the list together. Well he happens to be married to a Maureen White. Maureen happens to be the former national finance chairman of the Democratic National Committee. As such, she has access to campaign donation records from everyone in the nation, Republican or Democrat.
posted on 05/01/2012 8:36:10 PM PDT
(A half-truth is a complete lie)
Any sale should wait until 2013 or even 2014, said Rattner ...
Ummm ... YA THINK ??? !!! Considering GM IPO'd at about $33/share and closed today at $23.40 ...
Dumb Ass !!!
posted on 05/01/2012 8:59:24 PM PDT
(If ya wanna run with the big dawgs - ya gotta learn to piss in the tall grass ...)
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