FORUMS
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| 02-29-2012, 12:22 AM | #2 |
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Colonel
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I swear GM just should have been shut down... They make crap, get bailed out, continue making crap and introduce a 40,000 electric car for the masses. Now that they claim that they are making a profit (due to increased sales in China), they will offer their employees profit sharing and executives bonuses instead of first paying back loans. Anyone even remotely involved in running that company should be shipped to a stranded island...
If it wasn't for the Z06/ZR1 which unfortunately are not accessible to the common man, this company would have nothing.
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2jZ + RB26 + 4G63 + LS9 + N54 =
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| 02-29-2012, 12:35 AM | #3 |
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Major
![]() Drives: 08 E60 M5 & 08 Infiniti QX56 Join Date: Feb 2008
Location: At the gas station
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regular bankruptcy has been fine for others...it's was good enough for Continental (twice), United, Delta, and now American...others include Texaco and Dow Corning...Chrysler previously...
Delphi (former Packard Electric) has done well post bankruptcy also... Who gets to pick the winners and loosers of a prepackaged government financed bankruptcy...the only lesson to be learned...if you are going to fail...fail big becuase then the taxpayers will pick up the pieces...
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Cars I've owned '76 Chevelle 350 RIP '82 Monte Carlo 350 RIP '82 Mustang 302 RIP '88 Honda CRX RIP '88 Olds Toronado sold '94 Toyota Tercel sold '99 Acura TL sold 2002 Porsche 911 sold 2003 E46 M3 Blk/gr 2006 MB S430 sold Current: 2008 Infiniti QX56 & 2008 E60 M5
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| 02-29-2012, 12:45 AM | #5 |
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Major
![]() Drives: 08 E60 M5 & 08 Infiniti QX56 Join Date: Feb 2008
Location: At the gas station
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we own about 30% of the company....500 million shares
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Cars I've owned '76 Chevelle 350 RIP '82 Monte Carlo 350 RIP '82 Mustang 302 RIP '88 Honda CRX RIP '88 Olds Toronado sold '94 Toyota Tercel sold '99 Acura TL sold 2002 Porsche 911 sold 2003 E46 M3 Blk/gr 2006 MB S430 sold Current: 2008 Infiniti QX56 & 2008 E60 M5
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