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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Galirayo who wrote (200388)5/5/2009 5:51:54 PM
From: Jim McMannisRead Replies (2) of 306849
 
The pattern seems to be 55% of GM stock to UAW, 44% to the bondholders/taxpayers? and 1% to the common shareholders. UAW 1 for 100 reverse. Then the UAW dumps their stock because they don't really want to sit across the table and collective bargain with themselves.
In 5 years, they will be BK again.
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