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leeloo Donating Member (153 posts) Send PM | Profile | Ignore Mon Apr-26-10 12:38 PM
Response to Original message
4. i was saying this last week but i presume because i am a newbie i
got thrashed for my comments...
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  -How GM scammed us on "repayment" as it asks for more of your money. Prism  Apr-26-10 12:30 PM   #0 
  - Corporate bashing aside, how many people are employed directly or indirectly by GM?  FSogol   Apr-26-10 12:32 PM   #1 
  - Transparency isn't "corporate bashing"  Prism   Apr-26-10 12:35 PM   #3 
  - Yes it does or we all look like cheerleading fools.  Klukie   Apr-26-10 12:50 PM   #6 
  - gm has shitcanned more people than it employs in the us.  Hannah Bell   Apr-26-10 01:13 PM   #12 
  - Oh lawdy. Seriously.  nc4bo   Apr-26-10 12:34 PM   #2 
  - i was saying this last week but i presume because i am a newbie i  leeloo   Apr-26-10 12:38 PM   #4 
  - Forbes? Really? What would make me ever want to read that trash, much less believe it?  ClassWarrior   Apr-26-10 12:42 PM   #5 
  - It was the best comprehensive article  Prism   Apr-26-10 12:51 PM   #7 
  - It's True  Kalun D   Apr-26-10 12:52 PM   #8 
  - .  havocmom   Apr-26-10 12:55 PM   #9 
  - Thanks for this.  Klukie   Apr-26-10 01:00 PM   #10 
  - So they're basically getting out of the loan repayment altogether by using  Marr   Apr-26-10 01:03 PM   #11 
  - K&R GM still owes approx $60 bill, just used Tarp funds to "repay" some loans n/t  amborin   Apr-26-10 01:14 PM   #13 
  - No. Look up 'equity' vs. 'debt' (nt)  LuckyTheDog   Apr-26-10 04:26 PM   #33 
  - yeah...  greencharlie   Apr-26-10 01:15 PM   #14 
  - K&R  Angry Dragon   Apr-26-10 01:23 PM   #15 
  - I want a deal like that too.  progressoid   Apr-26-10 01:29 PM   #16 
  - It gets far worse than that.  Statistical   Apr-26-10 01:34 PM   #17 
  - So what?  ieoeja   Apr-26-10 01:49 PM   #18 
  - GM did not "repay the loan"  Prism   Apr-26-10 02:13 PM   #20 
  - not to mention that we look like a bunch of misinformed a-holes .....  Klukie   Apr-26-10 02:20 PM   #21 
  - And it was everywhere  Prism   Apr-26-10 02:26 PM   #23 
  - GM stock currently has no value.  ieoeja   Apr-26-10 02:30 PM   #24 
  - Let me ask you this  Prism   Apr-26-10 02:44 PM   #25 
     - Your friend would be lying.  ieoeja   Apr-26-10 02:57 PM   #27 
     - The car isn't part of the calculation  Prism   Apr-26-10 03:06 PM   #28 
     - That is a bad analogy.  Statistical   Apr-26-10 03:11 PM   #29 
     - This....  quickesst   Apr-26-10 05:04 PM   #48 
  - Huh? 'Given the current value of GM stock'? WTF?  LuckyTheDog   Apr-26-10 04:29 PM   #34 
     - Replace it with "estimated value"  Prism   Apr-26-10 04:44 PM   #42 
        - Well, guess what...  LuckyTheDog   Apr-26-10 04:49 PM   #45 
           - And it's beside the point  Prism   Apr-26-10 05:04 PM   #47 
  - The stock won't be sold at a profit (not unless the govt waits a decade).  Statistical   Apr-26-10 03:16 PM   #30 
     - So, the government sells it off over time...  LuckyTheDog   Apr-26-10 04:36 PM   #38 
        - Unlikely.  Statistical   Apr-26-10 05:31 PM   #54 
  - We own stock. Hopefully whomever is in charge of transactions  OHdem10   Apr-26-10 02:07 PM   #19 
  - It isn't really about "coming out ahead"  Prism   Apr-26-10 02:23 PM   #22 
  - The govt so overpaid for the stock that it is virtually impossible for us to "come out ahead".  Statistical   Apr-26-10 03:20 PM   #31 
  - Well -- kinda sorta... but you don't understand long-term investing  LuckyTheDog   Apr-26-10 04:46 PM   #43 
     - Except the govt BORROWED money to invest in GM.  Statistical   Apr-26-10 05:20 PM   #52 
        - Remember buying stocks on margin?  Prism   Apr-26-10 06:10 PM   #57 
           - Yup just like that except in this case it was 100% margin (no wimpy 50% margin)  Statistical   Apr-26-10 07:10 PM   #58 
  - GM has no stock. They went bankrupt.  truebrit71   Apr-26-10 04:34 PM   #37 
     - Ummm... nope  LuckyTheDog   Apr-26-10 04:39 PM   #39 
        - The GM stock ceased to have value when the company filed for bankruptcy.  truebrit71   Apr-27-10 08:56 AM   #61 
  - Wow, here come the clowns........  DainBramaged   Apr-26-10 02:49 PM   #26 
  - Ummmm ... equity is not a loan  LuckyTheDog   Apr-26-10 04:25 PM   #32 
  - Yep. That's the theory  Lone_Star_Dem   Apr-26-10 04:30 PM   #35 
  - We're not talking about the equity.  Prism   Apr-26-10 04:42 PM   #40 
  - Seems to me things are looking up for GM  JNelson6563   Apr-26-10 04:30 PM   #36 
  - I don't understand your complaint ...  RoyGBiv   Apr-26-10 04:43 PM   #41 
  - My complaint is with the dishonesty  Prism   Apr-26-10 04:48 PM   #44 
  - Gee I'd like to know why Toyota hid the facts on unintended acceleration that killed over 50 people  DainBramaged   Apr-26-10 04:52 PM   #46 
  - That's the beauty of it. You can be pissed off at both,  Prism   Apr-26-10 05:07 PM   #49 
     - You don't post bullshit, I know that, and I appreciate your righteous indignation  DainBramaged   Apr-26-10 07:59 PM   #59 
  - Your complaint is with DU ...  RoyGBiv   Apr-26-10 05:28 PM   #53 
     - But see, that's the sleight of hand  Prism   Apr-26-10 06:08 PM   #56 
  - give the kid a break. he's probably a KIA salesman.  dionysus   Apr-26-10 08:50 PM   #60 
  - We should all go out and buy Toyotas!!1  ecstatic   Apr-26-10 05:09 PM   #50 
  - I guess the important thing to take away from this is that we are  Obamanaut   Apr-26-10 05:11 PM   #51 
  - Do people want higher CAFE standards or not?  high density   Apr-26-10 05:38 PM   #55 
 

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