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Politics : Politics for Pros- moderated

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To: TimF who wrote (281073)	11/17/2008 7:38:33 PM
From: ManyMoose	3 Recommendations Read Replies (2) of 794009

My BIL worked for a plant that built Duramax engines for GM. It was owned by Isuzu. Isuzu is partially owned by GM. Go figure. I can't figure out these giant circle jerks. That's what they seem like to me. No bailout for GM. Let them go to Chapter 11 or whatever, and reorganize with a more reasonable contract with their employees. And no bonuses for failed executives. No retaining fee either. If they want to bail, let 'em. Or give 'em warrants to buy GM at $10. If it ever gets out of the single digits they might do OK. That's what I got when Morrison-Knudsen went belly up. Dennis Washington got the company and I got a duwackadu. All 100 shares worth.

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