Page 4 of 4 FirstFirst ... 234
Results 31 to 33 of 33
  1. #31 Right? Wrong? Correct? Incorrect? damifino 
    Ancient Fire Breather Retread's Avatar
    Join Date
    Dec 2011
    Location
    I came to Texas as soon as I could
    Posts
    4,655
    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 12:20 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.
    Live every day as if it were your last, because one of these days, it will be.
    Reply With Quote  
     

  2. #32  
    Senior Member
    Join Date
    Mar 2010
    Posts
    3,269
    Yeah. GM - and the media - goes on and on about how successful they are.

    Really?

    Consider this:
    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.
    Reply With Quote  
     

  3. #33  
    Senior Member
    Join Date
    Jun 2005
    Location
    Woodland Park, Colorado, United States
    Posts
    8,563
    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:
    Ayn Rand
    Reply With Quote  
     

Bookmarks
Bookmarks
Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •