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GM to kill Pontiac, Chrysler to declare bankruptcy
Caught this line on CBS radio this morning on my drive to work:
"GM's plan to avoid bankruptcy involves paying creditors 5 cents on the dollar in their worthless stock. One man, who invested $800,000 in GM bonds, says he hates GM so much he plans to burn his Firebird on YouTube."
The first part made me wonder how stupid GM's bondholders are. The second part answered my question.
"GM's plan to avoid bankruptcy involves paying creditors 5 cents on the dollar in their worthless stock. One man, who invested $800,000 in GM bonds, says he hates GM so much he plans to burn his Firebird on YouTube."
"My nation is the world, and my religion is to do good." --Thomas Paine
"The subject of onanism is inexhaustable." --Sigmund Freud
"The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "
That's because people like you are all thinking it's a good investment.
Sooner or later someone's going to wise up and realize Ford is no Toyota or Honda.
"The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "
I don't think that the US will be left with no car companies. I think that Ford is much better off then GM or Chrysler.
I would invest in Ford if I was going to invest in a US car company.
JM
Jon Miller- I AM.CANADIAN
GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.
"The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "
I actually expect that to invest in ford, 20 years from now you will have made money.
JM
Jon Miller- I AM.CANADIAN
GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.
"The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "
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