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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (501835)8/6/2009 9:39:23 AM
From: i-node  Read Replies (2) | Respond to of 1575184
 

The official, Ron Bloom, said members of the task force thought G.M. could begin selling stock on the public markets in 2010 but that an initial offering for Chrysler probably would occur later than that. “I don’t think Chrysler’s I.P.O. is a 2010 event,” Mr. Bloom told reporters at an automotive conference in northern Michigan. “I think it’s a little further off. But again, that will be the board’s judgment.”


Let me know when it happens.

Nobody wants a business that is burdened with the UAW



To: Road Walker who wrote (501835)8/6/2009 12:16:28 PM
From: Alighieri  Read Replies (2) | Respond to of 1575184
 
The federal government is likely to begin selling its stake in General Motors sooner than its share of Chrysler, the head of President Obama’s auto industry task force said Wednesday.

Impossible...we've been told by i-node that the gov is stuck with these companies for ever.

Al



To: Road Walker who wrote (501835)8/7/2009 5:15:43 PM
From: tejek  Read Replies (1) | Respond to of 1575184
 
U.S. Likely to Sell G.M. Stake Before Chrysler

Meanwhile, the gov't stands to make a ton of money off its bank stock. Help cut into that deficit.