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  • GM Common Stock Is Worth More than You Think [View article]
    Gerry, what you talk about is COMMON SENSE SOLUTIONS that work in a free market economy with the rule of law. What you may completely misunderstand is here there is a government coup going on. Instead of just buying the stock, or even the $27 billion of bonds, Obama is giving $50 billion more of taxpayer money to the UAW and some shadow banks. Right now, Obama is hoping the courts will just let him ram it through. Just a good speech and a wink and the company is not Microsoft's or anyone else's. It's his. Bought with our money. It's kinda like Venezuela.
    May 30 10:49 am |Rating: +7 -2 |Link to Comment
  • GM Common Stock Is Worth More than You Think [View article]
    Bonds are trading at 7 cents on the dollar. So many delusional people out there think that bonds can just be wiped out and the stock will have value. Try buying the bonds for 7 cents, then you will understand why this GM coup is not going to happen as planned.
    May 30 10:43 am |Rating: +7 0 |Link to Comment
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