“Don’t Buy From a Dead Domestic” Tipping Point Looms

6 Comments on “ “Don’t Buy From a Dead Domestic” Tipping Point Looms ”

• Pig_Iron :
  November 10th, 2008 at 10:46 am
  
  

  What ever happened to Captian Tungsten? I never agreed with him (that I can recall), but I wonder if his opinion has mellowed somewhat?

• ferrarimanf355 :
  November 10th, 2008 at 10:50 am
  
  

  I’m wondering now, what the hell is it going to take to show this guy the door? A sex scandal? No, that’s not enough. Eating babies? No, that won’t do it, either, the BOD will just issue a vote of confidence…

• Usta Bee :
  November 10th, 2008 at 12:02 pm
  
  

  “We have no plans whatsoever other than continue to run the business…..into the ground”.

  The stock just dropped 25% today on news that the Deutsches Bank set the value of GM stock at $0 this morning.

  Yes, you read that right …ZERO !.

  That’s a whole lotta not good.

• John R :
  November 10th, 2008 at 12:05 pm
  
  

  @ferrarimanf355:

  You and me both.

  I keep thinking of the analogue. If this were to be happening to Toyota or Honda I imagine their BODs would have committed seppuku years ago.

  This is shameful and simply not acceptable. They need to hit the bricks.

• Wolven :
  November 10th, 2008 at 12:23 pm
  
  

  Ah, the MSM doing their part to gin up the idiots sheeple to clamor for a bailout.

• NickR :
  November 10th, 2008 at 1:22 pm
  
  

  AIG just got an extra $40 billion. Obviously, the American taxpayer is flush with cash, so maybe Detroit will get a cut of what appears to be a bottomless pool of bailout bucks.

  Usta Bee…geez, I thought you were joking at first. A TARGET PRICE OF ZERO?!!!

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