Seeking Alpha

ezrasfund » Comments » GMGMQ.PK

  • Let's Hope the Auto Bailout Has Failed for Good [View article]
    Bailout Solution???

    Please explain to me why this is a stupid idea!

    Auto Workers Pension funds must have enough $$ to buy a significant portion, if not all, of the debt of F and GM at pennies on the dollar.

    Covert those bonds into preferred shares, equity, what else (experts?) and relieve a good part of the financial pressure on these firms.

    In short, surely the auto workers, with the value of their pension funds, must have enough equity to bailout their employers. Maybe they could own the companies!

    All their eggs in one basket!? That's the life of a real entrepreneur.
    Dec 12 08:54 am |Rating: +3 -3 |Link to Comment
  • Automaker Bailout Fails: This Is Not Good [View article]
    Bailout Solution???

    Please explain to me why this is a stupid idea!

    Auto Workers Pension funds must have enough $$ to buy a significant portion, if not all, of the debt of F and GM at pennies on the dollar.

    Covert those bonds into preferred shares, equity, what else (experts?) and relieve a good part of the financial pressure on these firms.

    In short, surely the auto workers, with the value of their pension funds, must have enough equity to bailout their employers. Maybe they could own the companies!

    All their eggs in one basket!? That's the life of a real entrepreneur.
    Dec 12 08:24 am |Rating: 0 -1 |Link to Comment
  • Playing the Auto Bailout With Yields as High as 45% [View article]
    Bailout Solution???

    Please explain to me why this is a stupid idea!

    Auto Workers Pension funds must have enough $$ to buy a significant portion, if not all, of the debt of F and GM at pennies on the dollar.

    Covert those bonds into preferred shares, equity, what else (experts?) and relieve a good part of the financial pressure on these firms.

    In short, surely the auto workers, with the value of their pension funds, must have enough equity to bailout their employers. Maybe they could own the companies!

    All their eggs in one basket!? That's the life of a real entrepreneur.
    Dec 11 23:03 pm |Rating: +1 0 |Link to Comment
More on GMGMQ.PK by ezrasfund
Comments by Ticker
ezrasfund's
Comments Stats
29 comments
Rating: 0 (7 - 7 )