Why Bankruptcy Is the Best Option for GM

[Gen]

Re: Why Bankruptcy Is the Best Option for GM

dem deh days weh one man a carry trade secret done wid from 1900.

i get the point where top level execs of 1 company travel separately, however these were 3 stooges from separate companies.

and now adays the board have plans in place fi continue the business should the CEO drap dead.

dat a nuh wah mi a chat bout when mi mention dem so called security issues.

but mek dem gwaan waste money cause dem nah get nuh bailout

[Emperah]

Re: Why Bankruptcy Is the Best Option for GM

dats wah you tink, dis is all a show fi unno, jus like de 700 billion an all a unno fall feet everytime

de fix is in from longtime. yuh bettah buy some gm stock pan mundeh

[Gen]

Re: Why Bankruptcy Is the Best Option for GM

mi a wait fi it ketch 1.00

[H_O]

Re: Why Bankruptcy Is the Best Option for GM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gen</div><div class="ubbcode-body">mi a wait fi it ketch 1.00 </div></div>

im waiting for it to become a penny stock

[ILP]

Re: Why Bankruptcy Is the Best Option for GM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: H_O</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gen</div><div class="ubbcode-body">mi a wait fi it ketch 1.00 </div></div>

im waiting for it to become a penny stock </div></div>



aye sah.

[H_O]

Re: Why Bankruptcy Is the Best Option for GM

as for this thing of flying on corporate jets: the real question should be directed at congress on how many politicians use government issued credit cards for personal travel expenses

but Rick Wagoner soon tek Amtrak

[Gen]

Re: Why Bankruptcy Is the Best Option for GM

well if joe biden did tek amtrak every day guh wuk wah mek dem cant tek greyhound bus or to be realistic mek dem cant tek reglah plane and fly fuss class ?

[Tuff Gong]

Re: Why Bankruptcy Is the Best Option for GM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gen</div><div class="ubbcode-body">well if joe biden did tek amtrak every day guh wuk wah mek dem cant tek greyhound bus or to be realistic mek dem cant tek reglah plane and fly fuss class ?



</div></div>...a bet im neva try dat now?

[Tuff Gong]

Re: Why Bankruptcy Is the Best Option for GM

<span style="font-family: 'Arial Black'">BTW</span> didn't I predict that <span style="font-family: 'Arial Black'">Citi</span> is going down especially if it missed getting <span style="font-family: 'Arial Black'">Wachovia</span>?

[Emperah]

Re: Why Bankruptcy Is the Best Option for GM

how far down it going; dwl a guy at work bought de stock when it was $24.

He baught 10 000 shares

[ILP]

Re: Why Bankruptcy Is the Best Option for GM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: dahJahPawtTwo</div><div class="ubbcode-body">how far down it going; dwl a guy at work bought de stock when it was $24.

He baught 10 000 shares </div></div>

if im nuh have stroke by now tell im fi dump it quick, quick.

[Tuff Gong]

Re: Why Bankruptcy Is the Best Option for GM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Hibern8ting_ILP</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: dahJahPawtTwo</div><div class="ubbcode-body">how far down it going; dwl a guy at work bought de stock when it was $24.

He baught 10 000 shares </div></div>

if im nuh have stroke by now tell im fi dump it quick, quick. </div></div>It will come back up....a little at least!

[Tuff Gong]

$15B auto bailout


<span style="font-family: 'Arial Black'">Congress, White House talking $15B auto bailout</span>
<span style="font-style: italic">DAVID ESPO | December 5, 2008 11:48 PM EST |</span>

WASHINGTON — Stunned by the loss of 500,000 jobs, congressional Democrats and the White House reached for agreement Friday on about $15 billion in bailout loans for the beleaguered auto industry. President George W. Bush warned that at least one of the Big Three carmakers might not survive the current economic crisis.

Several officials in both parties said a key breakthrough on the long-stalled bailout came when House Speaker Nancy Pelosi bowed to Bush's demand that the aid come from a fund set aside for the production of environmentally friendlier cars. The California Democrat spoke to White House chief of staff Josh Bolten during the day to signal her change in position, they added.

The developments unfolded as desperate auto executives pleaded for a second day with lawmakers for loans to help them survive, and the government reported the worst single month's job loss in 34 years.

Pelosi's office issued a statement saying legislation would come to a vote in the House next week. The Senate is also scheduled to be in session to consider steps to aid Detroit's Big Three.

&quot;Congress will insist that any legislation include rigorous and ongoing oversight to guarantee that taxpayers are protected and that resources are directed to ensure the long-term viability and competitiveness of the American automobile industry,&quot; Pelosi's statement said.

In a subsequent statement, she added that the billions originally ticketed for development of more environmentally friendly cars would be repaid &quot;within a matter of weeks.&quot; Democrats said her hope was to include the funds in an economic recovery bill that lawmakers are expected to prepare for President-elect Barack Obama's signature shortly after he takes office.

Officials in both parties also said the legislation would include creation of a trustee or group of industry overseers to make sure the bailout funds were used by General Motors Corp., Ford Motor Co. and Chrysler LLC for their intended purpose. The funds are designed to last until March, giving the incoming Obama administration and the new Congress time to consider the issue anew.

One senior Democratic aide also said Pelosi was seeking a provision that would bar the automakers from using any of the funds to pursue a legal challenge to states seeking to implement tougher auto emission standards. The aide spoke on condition of anonymity because the legislation was not yet drafted.....

http://www.huffingtonpost.com/2008/12/05/government-would-order-ma_n_148652.html

[Dr.Dudd]

Re: $15B auto bailout

All Pelosi need to do us ro get congress to pass a law that the attempt to litigate to stop reduced emissions,by any member of the utoirgroup disqualifies them from eny benefits from the bail out.

[Tuff Gong]

Re: $15B auto bailout

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body">All Pelosi need to do us ro get congress to pass a law that the attempt to litigate to stop reduced emissions,by any member of the utoirgroup disqualifies them from eny benefits from the bail out. </div></div>I think she is going in that direction!