GM to file for IPO Friday

[FelixDeCat]

When American workers make a decent salary we all gain. And you can buy stock in GM, too.

But why even pay salaries? Simply distribute food, clothes, shelter, healthcare and a small stipend to each according to his needs.

 

[MikeMike]

But why even pay salaries? Simply distribute food, clothes, shelter, healthcare and a small stipend to each according to his needs.

holy shit, i had some popcorn ready, but i may have to go to the local movie theatre and steal all of theirs...

 

[BoberFett]

holy shit, i had some popcorn ready, but i may have to go to the local movie theatre and steal all of theirs...

You wouldn't be stealing. You're simply liberating the undeserved popcorn from those filthy corporate cheats at the movie theater. Viva la revolucion!

 

[Schadenfroh]

lol file bankruptcy, fuck the shareholders, screw the bondholders, steal from taxpayers, redistribute to union labor, file IPO, repeat cycle.

Worked for Chrysler, way after their first bailout they even found some fools across the pond to buy their shitty company. They probably were laughing all the way to the bank. Then the Germans, who got screwed, found some other fools to buy them. Now they are the tax payer's problem again, along with Fiat.

 

[Analog]

Fuck GM. I'll never buy one of their shitty cars.

2010 Equinox FTW. 32mpg highway, nothing can touch it.

 

[child of wonder]

2010 Equinox FTW. 32mpg highway, nothing can touch it.

So far drivers are not reporting those kind of efficiency numbers.

http://www.fueleconomy.gov/feg/findacar.htm

Although anecdotal, Equinox may not get much better mileage than a RAV4 or Escape in the real world.

Still, kudos to Chevrolet for stepping up their game but they still have a long way to go not to mention having to overcome the stigma and distrust GM earned by shafting shareholders and lying about paying off their government loans.

 

[rudder]

so the bailout worked?

Can I have some of what you are smoking?

Thanks to obama's handling of GM and Chrysler... these two companies still have very expensive future pension liabilities.

http://www.gao.gov/new.items/d10492.pdf

Once obama is voted out in 2012, I would sell your GM stock.