Tough Love for Detroit Is Long Overdue [View article]
I saw an interesting suggestion in one of the articles I've read, and i think it desevres further discussion.
The government could actually bail out GM for less than $2 billion, once and for all.
At GM's current stock price it is worth well under $2 billion. Congress should buy all of the common stock and just give it to the UAW for free. The company is now yours, lock, stock and barrel. Best of luck to you.
Tough Love for Detroit Is Long Overdue [View article]
The government could actually bail out GM for less than $2 billion, once and for all.
At GM's current stock price it is worth well under $2 billion. Congress should buy all of the common stock and just give it to the UAW for free. The company is now yours, lock, stock and barrel. Best of luck to you.