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GM doesn't want to be government motors!

  1. JSChams profile image60
    JSChamsposted 4 years ago

    http://www.marketwatch.com/story/genera … 2012-09-17

    I would have thought they would have been in paradise.

  2. 0
    JaxsonRaineposted 4 years ago

    Funny, isn't it?

    The government's insistence on holding onto shares hurts GM's ability to make decisions, hurts their company value, and hurts anyone who has invested in it.

    No way that they are going to sell for a loss until after the election though.

    1. JSChams profile image60
      JSChamsposted 4 years ago in reply to this

      I am hoping for the input of one Josak on this because if I know his viewpoint this shouldn't have been happening.

  3. knolyourself profile image61
    knolyourselfposted 4 years ago

    If they don't want to be government motors why: "Following a $50 billion bailout in 2009, the U.S. taxpayers now own almost 27% of the company"?
    Can bail them out but can't have socialism. Neurotransmitter challenged.

  4. Mighty Mom profile image91
    Mighty Momposted 4 years ago

    Maybe they'd prefer to be taken over by an Italian company like Chrysler was.

  5. JSChams profile image60
    JSChamsposted 4 years ago

    Let's not forget Ford wasn't bailed out by anyone.