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


To: Don Hurst who wrote (589744)10/13/2010 12:50:30 AM
From: tejek  Read Replies (1) | Respond to of 1571766
 
GM Starts Program to Let Workers, Retirees Buy Shares in IPO

October 12, 2010, 1:00 PM EDT
More From Businessweek

By Craig Trudell

Oct. 12 (Bloomberg) -- General Motors Co., the largest U.S. automaker, started a program to allow workers, retirees, dealers and directors in the U.S. and Canada to buy shares in its planned initial public offering.

Participants can register for the program by mail postmarked by Oct. 19 or sign up online by Oct. 22, according to a website run by GM and Morgan Stanley Smith Barney, which will administer the program. Pete Ternes, a GM spokesman, confirmed the website’s authenticity.

The minimum investment for the program is expected to be $1,000, according to the website. The minimum and maximum number of shares that will be allowed is still being determined, the website said. The Detroit Free Press reported the worker-retiree share program earlier.

GM, 61 percent owned by the U.S. Treasury Department, will seek to raise $8 billion to $10 billion in an IPO in November, a smaller sale than the automaker originally targeted, two people familiar with the matter said in September. The price of the shares hasn’t been set.

Morgan Stanley, JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. will lead the offering, according to a Sept. 23 regulatory filing. Barclays Plc, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc., Royal Bank of Canada and UBS AG were also listed as underwriters.

businessweek.com



To: Don Hurst who wrote (589744)10/13/2010 11:22:12 AM
From: longnshort  Read Replies (1) | Respond to of 1571766
 
ALVIN GREENE ANSWERS NEARLY EVERY QUESTION WITH ‘DEMINT STARTED THE RECESSION’


greatest political interview, EVER.

O'Donnell should just retire right now. It will never get any better than this.

breitbart.tv



To: Don Hurst who wrote (589744)10/13/2010 12:18:17 PM
From: tejek  Read Replies (1) | Respond to of 1571766
 
WHEN IN DOUBT, SUPPRESS THE VOTE....

The U.S. Senate race in Illinois is one of the most competitive contests in the country, with recent polls showing an extremely tight race between state treasurer Alexi Giannoulias (D) and Tommy Flanagan impersonator, Rep. Mark Kirk (R).

Ideally, with just 20 days to go, the campaigns would be doing everything possible to get their supporters ready to vote on Nov. 2. In Kirk's case, however, this is right about the time to work on preventing some voters from participating at all.

In a private phone conversation that was secretly recorded, Mark Kirk, the Republican U.S. Senate candidate in Illinois, told state Republican leaders last week about his plan to send "voter integrity" squads to four predominately African American neighborhoods of Chicago "where the other side might be tempted to jigger the numbers somewhat."


Kirk's campaign confirmed the candidate was secretly taped last week as he was talking about his anti-voter fraud effort. [...]

As TPMMuckraker has reported, accusations from conservatives that ineligible voters are fraudulently stealing elections for Democrats have continued to fly in the 2010 campaign cycle, despite the lack of evidence of widespread voter fraud. "Voter fraud" has been the rally cry for conservative groups seeking to make it more difficult to cast ballots and suppress minority voter turnout.

The story was originally uncovered by the Illinois-based ArchPundit.

Regrettably, this isn't new -- GOP efforts to combat non-existent "voter fraud" have been ongoing for years, but evidence of actual wrongdoing has remained elusive. The fear on the right isn't about anyone trying to "jigger the numbers"; it's about reducing the number of minorities who participate in an election.

One can only wonder what it'd be like if candidates like Kirk spent as much energy trying to get these voters to support him as trying to keep them from casting a ballot.


washingtonmonthly.com