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GM Declares Bankruptcy

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  • #16
    Originally posted by Kuciwalker View Post
    I was hoping this deal would fail and it would actually go through the courts. I don't want to bail out the unions that caused the problem in the first place
    Don't worry, you aren't. It was management that caused the problem.
    Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...

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    • #17
      Gee, I think there's enough blame to go around.
      It's almost as if all his overconfident, absolutist assertions were spoonfed to him by a trusted website or subreddit. Sheeple
      RIP Tony Bogey & Baron O

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      • #18
        Originally posted by DanS View Post
        It's an asteroid in the process of making a crater. If that's appealing to you, then by all means invest.




        DanS, I can honestly say that was the first time in my entire life that I laughed at a business/economics quip. Kudos, mon ami.
        "My nation is the world, and my religion is to do good." --Thomas Paine
        "The subject of onanism is inexhaustable." --Sigmund Freud

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        • #19
          Yaaay! Market going nuts.

          And thank goodness, my dog has torn ACL and needs surgery. And we hit our deductible on my sons MRI and subsequent tests. We need the money.

          Sucks for GM, oh well... go Ford!
          Monkey!!!

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          • #20
            Bummer about your dog, Japher. Ouch, poor pup.

            It's an asteroid in the process of making a crater. If that's appealing to you, then by all means invest.
            I'll second Guy. That was good.

            -Arrian
            grog want tank...Grog Want Tank... GROG WANT TANK!

            The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.

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            • #21
              Yeah, that happened with my parent's dog several years ago, poor little dude. They went ahead with the surgery, the recovery sucked, and he still had a little hitch in his giddy-up whenever he ran.
              "My nation is the world, and my religion is to do good." --Thomas Paine
              "The subject of onanism is inexhaustable." --Sigmund Freud

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              • #22
                Rufus: You better act fast! They're going to suspend trading on GM stock soon!
                I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                • #23
                  Originally posted by Zkribbler View Post
                  Let's see. The gov't buys tons of stock at rock bottom prices, turns the company around, makes it profitable, and then sells its stock for a big gain. GM trives. The government coffers are full.
                  From what I can gather, this is not a good deal for the taxpayers. We're shouldering a ton of risk; meanwhile, legacy workers are continuing to be paid above-market wages and benefits and investors are being paid off even though the securities they hold are worthless.
                  I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                  • #24
                    The Italians are going to show you how to make fuel efficient cars.

                    **** this is going to be hilarious.
                    You just wasted six ... no, seven ... seconds of your life reading this sentence.

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                    • #25
                      Originally posted by Krill View Post
                      The Italians are going to show you how to make fuel efficient cars.

                      **** this is going to be hilarious.
                      I'd think so as well if weren't my money being pissed away. It makes me
                      I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
                      For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio

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                      • #26
                        Originally posted by Japher View Post
                        Sucks for GM, oh well... go Ford!
                        Captain of Team Apolyton - ISDG 2012

                        When I was younger I thought curfews were silly, but now as the daughter of a young woman, I appreciate them. - Rah

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                        • #27
                          Ozzy, would you support GM hiring 10 year olds to reduce cost? The craftsmanship would probably be comparable to their current union workforce.
                          "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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                          • #28
                            This won't be the end of taxpayer money invested in this company as I'm sure they will be back for more before long. Sad part is, how do you say no the next time?
                            "I have never killed a man, but I have read many obituaries with great pleasure." - Clarence Darrow
                            "I didn't attend the funeral, but I sent a nice letter saying I approved of it." - Mark Twain

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                            • #29
                              Originally posted by Asher View Post
                              Ozzy, would you support GM hiring 10 year olds to reduce cost? The craftsmanship would probably be comparable to their current union workforce.
                              I like how your mind works, Asher.
                              I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                              • #30
                                Originally posted by Asher View Post
                                Ozzy, would you support GM hiring 10 year olds to reduce cost? The craftsmanship would probably be comparable to their current union workforce.

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