Thread: GM IPO
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bpuharic bpuharic is offline
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Default GM IPO

On Thu, 07 Oct 2010 17:47:27 -0600, Canuck57
wrote:

On 10/7/2010 5:03 PM, I am Tosk wrote:
In , says...

Might be a good time for GM to spin off GM China into its own company, I
would potentially buy into GM China.

Just GM NA, garbage, even GM Europe is on the rocks.

Time for taxpayers to recover 3 cents on the dollar.


Yeah, but all the Unions got their pensions and salaries taken care of.
After all, that's what it was all about...


When you add up all the losses from share holders, bond and preferred
share holders, creditors, suppliers, pensions, GMAC pillaging, Delco
farce, bailout cash requirements of GMAC, Delco and GM, they are a $300
billion dollar plus turkey that still can't fly.


GM is irrelevant.