GM - General Motors Message Board

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Non-Tech : GM - General Motors

GM 68.88

+3.0%

1:52 PM EST

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From: Arthur Tang	5/23/2009 5:13:10 AM
	of 543

The white house decision on Chrysler was to give the company to the labor union and Fiat. All that bail out money had no US citizens to save. Chrysler cars still will not have the wealth to sell into. The auto industry did not know that stock value and wealth made cars affordable. Wall street crash caused the loss of automobile market. Many mutual funds own GM stock. We are waiting for White house to have emergency meeting to stop the ponzi crime, if GM stock becomes valueless. Feds will have 8000+ mutual funds to rescue? US government has to save the stockholders to recover the economy? Giving the company to bondholders and labor union does not create buyers of cars? GM top management still has to be ousted to protect stockholders value? Not giving the company to labor union and bondholders? Stockholders' value is retained by merger or pooling of interests(such as Ford, GM and Chrysler all into one company aka 1929 GM formation). Mega merger requires an investment banker to pull it together.

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