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Old 03-30-2009, 10:09 AM
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Heaven help us all

If the ticker was correct a few minutes ago GM stock was trading at $2.86/share.
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Old 03-30-2009, 10:11 AM
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is that up or down?
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Old 03-30-2009, 10:13 AM
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Looks like its down .76
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Old 03-30-2009, 10:14 AM
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It is all because of the CEO stepping down. Being the new CEO has not been announced yet. Everyone is scared of GM right now. No one knows what the future holds for GM. The CEO stepped down by the order of President Obama. The only way GM will get any more federal bail out money is if the current CEO stepped down.
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Old 03-30-2009, 10:15 AM
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GM is in the toilet, along with Chrysler, circling the drain. They were turned down on their request for more "government assistance". Ford did it right, and they should profit from it IMO
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Old 03-30-2009, 11:40 AM
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That a good point about Ford but somehow I don't think it will be long before President Goodwrench gets involved in the Blue Oval.

I wonder if any of the Barry voters are starting to realize just what they have done-I fear the tipping point is in the very near future.

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Old 03-30-2009, 12:08 PM
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Originally Posted by robert smith View Post
That a good point about Ford but somehow I don't think it will be long before President Goodwrench gets involved in the Blue Oval. My though is that he won't allow it. Ford just cleaned up their act, so it seems to me that they didn't want government assistance

I wonder if any of the Barry voters are starting to realize just what they have done-I fear the tipping point is in the very near future.

I have the same opinion. It will be soon, if they don't start using their brains other response in red
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Old 03-30-2009, 12:15 PM
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Originally Posted by bigcountrysg View Post
It is all because of the CEO stepping down. Being the new CEO has not been announced yet. Everyone is scared of GM right now. No one knows what the future holds for GM. The CEO stepped down by the order of President Obama. The only way GM will get any more federal bail out money is if the current CEO stepped down.
Didn't you hear?...Obama IS the new CEO. Yep, he's going to be the CEO of most companies. JK. It will be interesting to see what happens with all of this and the CEO salary/bonus caps. I was listening to Rush today and, of course, he was ripping Obama a new one (the total is now up to 9). I can't believe this man was elected to office by fellow Americans. Soon, we're going to be another socialist economy.
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Old 03-30-2009, 12:28 PM
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Originally Posted by fordpwrstroke7 View Post
Didn't you hear?...Obama IS the new CEO. Yep, he's going to be the CEO of most companies. JK. It will be interesting to see what happens with all of this and the CEO salary/bonus caps. I was listening to Rush today and, of course, he was ripping Obama a new one (the total is now up to 9). I can't believe this man was elected to office by fellow Americans. Soon, we're going to be another socialist economy.
Soon is right. We already have our foot in the door with Obama pushing us from the rear!
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Old 03-30-2009, 12:49 PM
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Originally Posted by fordpwrstroke7 View Post
Didn't you hear?...Obama IS the new CEO. Yep, he's going to be the CEO of most companies. JK. It will be interesting to see what happens with all of this and the CEO salary/bonus caps. I was listening to Rush today and, of course, he was ripping Obama a new one (the total is now up to 9). I can't believe this man was elected to office by fellow Americans. Soon, we're going to be another socialist economy.
Only if we let him. Read the constitution, it says that WE THE PEOPLE are responsible for keeping our governement inline. We have the right to overthrow them. Join a local TEA party in your area on April 15th to show your dissent for this unprecidented spending by our government National TEA Party Day
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