Thread: Volt sales fall in January
#31 Right? Wrong? Correct? Incorrect? damifino02-28-2012, 12:06 AM
Eric Bolling test drove the Chevy Volt at the invitation of General Motors.
Then he made stuff up - Sorry for the posting
Last edited by Retread; 03-03-2012 at 01:20 AM.It's not how old you are, it's how you got here.
It's been a long road and not all of it was paved.
A man is but a product of his thoughts. What he thinks, he becomes. Gandhi
02-28-2012, 01:02 AM
- Join Date
- Mar 2010
Yeah. GM - and the media - goes on and on about how successful they are.
On a certain day, June 1, 2009, all old debts and past mistakes were forgiven. All old stockholders lost everything; bond holders got pennies. All gone.
On July 10, 2009, new stock was sold. 50 billion dollars. And it all went into the operating fund of GM.
So now GM has tons of money and can forget all their old debt. Gone. Never happened.
Today? Today, GM's market capitalization - that's the number of shares times the price - is 40 billion.
Sound like a great success story to you?
US Guv paid 40. Maybe some day they'll get their money back, but the original investors never will.
03-02-2012, 01:46 PM
- Join Date
- Jun 2005
- Woodland Park, Colorado, United States
How can Volt sales fall from a floor?Education without values, as useful as it is, seems rather to make man a more clever devil.
C. S. Lewis
Do not ever say that the desire to "do good" by force is a good motive. Neither power-lust nor stupidity are good motives. (Are you listening Barry)?:mad:
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