Comments on: Government Asks GM to Prepare for Bankruptcy, Don’t Worry Volt Will be Fine

By: MAYA

MAYA — Sun, 31 May 2009 06:11:57 +0000

DISASTER FOR THE US $ NO MORE KING
EUROPE GM GONE n USA GM GOING BANK- ROT
THIS IS BEGINNING OF THE END FOR UNCLE SAM $ BUSINESS
THIS IS BEGINNING FOR DECLINE OF US INTERNATIONAL
BUSINESS DOMINANCE BYE UNCLE SAM

By: GM’s Chinese hybrid concept « EngagingChina

GM’s Chinese hybrid concept « EngagingChina — Thu, 23 Apr 2009 07:21:54 +0000

[...] rich, coming from a company that is facing Chapter 11 bankruptcy, wants the US government to loan it $10bn to fund its own electric car [...]

By: jennifer

jennifer — Fri, 17 Apr 2009 12:12:43 +0000

YAY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I AM SO HAPPY THAT THE VOLT WILL STILL BE MADE!!!! WOO HOO!!!!!!!!!!!!!!!!!!!!!!!

By: If U Fly the American Flag

If U Fly the American Flag — Wed, 15 Apr 2009 20:15:06 +0000

All of this non-sense could be avoided if EVERYONE did not get bad information.

http://www.youtube.com/watch?v=4ALMAntCNC4

If MOST everyone bought the best car for the money i.e. Chevy Malibu Instead of a Camry or Accord GM would rock.
So fellow Americans step up to the plate and BUY AMERICAN!

By: Rashiid Amul

Rashiid Amul — Wed, 15 Apr 2009 10:40:10 +0000

Yes, Statik. That is what I was asking.
Will my $100 still be there and grow in the “new GM’

I see that it won’t.

Thanks for your info, my friend.

By: statik

statik — Tue, 14 Apr 2009 21:27:08 +0000

#!06 Rashiid said:

If I own $100 worth of GM stock today (For the record, I don’t own any stock of any kind)
and GM files C11 June 1st, is my $100 worth of stock completely gone, or can I get it when GM exits C11?
==============================

Well, it is not really gone. Likely it trades on the OTCBB or the Pink Sheets whenever they file. At that point for all intents and purposes you are wiped out, your $100 is probably worth 50 cents. You are not going to have $100 worth (or a representational share) of the ‘new GM’ .

I think that is what you were asking?

By: Don

Don — Tue, 14 Apr 2009 19:56:27 +0000

Advice for Tim #6: If you want your views to be taken seriously, then you really need to stop with the Hitler, fascism, Obamanation, statism, and the rest of the overblown crap. You end up looking like a Glenn Beck fan-boy loon who should justly be dismissed. As the saying goes, the first person to bring up Hitler has lost the argument.

These are desperate times and tough decisions need to be. And lots of jobs are at stake. I am certainly disgusted by much of the bail-out stuff going on . . . the tax-payer funded bonuses of millionaires at AIG was the worst. But if you want to be taken seriously, you can’t come off as a ranting loon.

By: Don

Don — Tue, 14 Apr 2009 19:50:37 +0000

I had a corporate law professor that described bankruptcy this way . . . . Bankruptcy is management, bondholders, and workers all holding the same grenade with each saying “Do what I say or I’m gonna pull the pin!”

It is long past time for all three groups to feel some shared pain. Blow GM up. They all need to take a hit so the healing can begin.

By: Koz

Koz — Tue, 14 Apr 2009 18:06:05 +0000

Statik #113

No worries, I think GSB is yours for the trademarking. I think Obama was also hinting at this a little later but pre-Bush bailout. Seems like the quickening is now at hand.

By: The Grump

The Grump — Tue, 14 Apr 2009 16:24:37 +0000

99 Michael Robinson said “Just so everyone knows, the Volt gas/electric hybrid is nowhere near gas free.”
——————————————-
Quite right. Everyone except GM’s own website, which says “Gas Friendly to Gas Free” when touting the Volt and its other hybrids.