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

By: NickR

NickR — Mon, 10 Nov 2008 17:22:05 +0000

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?!!!

By: Wolven

Wolven — Mon, 10 Nov 2008 16:23:05 +0000

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

By: John R

John R — Mon, 10 Nov 2008 16:05:59 +0000

@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.

By: Usta Bee

Usta Bee — Mon, 10 Nov 2008 16:02:55 +0000

“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.

By: ferrarimanf355

ferrarimanf355 — Mon, 10 Nov 2008 14:50:19 +0000

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…

By: Pig_Iron

Pig_Iron — Mon, 10 Nov 2008 14:46:23 +0000

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