Comments on: China to Pick GM’s Bones? http://www.thetruthaboutcars.com/gm%e2%80%99s-china-syndrome-by-another-name/ The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Sun, 22 Nov 2009 13:11:54 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: JeremyR http://www.thetruthaboutcars.com/gm%e2%80%99s-china-syndrome-by-another-name/comment-page-1/#comment-976262 JeremyR Sat, 22 Nov 2008 16:34:29 +0000 http://www.thetruthaboutcars.com/?p=162542#comment-976262 And which "private equity firm" could help the government "make it work"? Cerberus has already done a bang-up job with Chrysler... And which “private equity firm” could help the government “make it work”? Cerberus has already done a bang-up job with Chrysler…

]]> By: wave54 http://www.thetruthaboutcars.com/gm%e2%80%99s-china-syndrome-by-another-name/comment-page-1/#comment-976261 wave54 Sat, 22 Nov 2008 16:26:24 +0000 http://www.thetruthaboutcars.com/?p=162542#comment-976261 @ mpc220 Absolutely right -- buying/trading stocks is a risk. Some traders have to fail for others to thrive. If the automakers have to be bailed out by the taxpayers (like we really have the money... not), shareholders essentially lost that bet. Sorry -- too damn bad. Bad enough the government is buying businesses, but compensating shareholders and adding trillions to the national debt is TOO MUCH! @ mpc220

Absolutely right — buying/trading stocks is a risk. Some traders have to fail for others to thrive. If the automakers have to be bailed out by the taxpayers (like we really have the money… not), shareholders essentially lost that bet. Sorry — too damn bad.

Bad enough the government is buying businesses, but compensating shareholders and adding trillions to the national debt is TOO MUCH!

]]> By: mpc220 http://www.thetruthaboutcars.com/gm%e2%80%99s-china-syndrome-by-another-name/comment-page-1/#comment-976202 mpc220 Sat, 22 Nov 2008 15:56:45 +0000 http://www.thetruthaboutcars.com/?p=162542#comment-976202 Shareholders of a failed enterprise shouldn't get <em>one red cent</em>. Shareholders of a failed enterprise shouldn’t get one red cent.

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