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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 12:30 PM Original message |
How GM scammed us on "repayment" as it asks for more of your money. |
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FSogol (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 12:32 PM Response to Original message |
1. Corporate bashing aside, how many people are employed directly or indirectly by GM? |
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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 12:35 PM Response to Reply #1 |
3. Transparency isn't "corporate bashing" |
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Klukie (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 12:50 PM Response to Reply #3 |
6. Yes it does or we all look like cheerleading fools. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 01:13 PM Response to Reply #1 |
12. gm has shitcanned more people than it employs in the us. |
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nc4bo (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 12:34 PM Response to Original message |
2. Oh lawdy. Seriously. |
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leeloo (153 posts) Send PM | Profile | Ignore | Mon Apr-26-10 12:38 PM Response to Original message |
4. i was saying this last week but i presume because i am a newbie i |
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ClassWarrior (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 12:42 PM Response to Original message |
5. Forbes? Really? What would make me ever want to read that trash, much less believe it? |
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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 12:51 PM Response to Reply #5 |
7. It was the best comprehensive article |
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Kalun D (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 12:52 PM Response to Reply #5 |
8. It's True |
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havocmom (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 12:55 PM Response to Original message |
9. . |
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Klukie (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 01:00 PM Response to Original message |
10. Thanks for this. |
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Marr (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 01:03 PM Response to Original message |
11. So they're basically getting out of the loan repayment altogether by using |
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amborin (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 01:14 PM Response to Original message |
13. K&R GM still owes approx $60 bill, just used Tarp funds to "repay" some loans n/t |
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LuckyTheDog (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:26 PM Response to Reply #13 |
33. No. Look up 'equity' vs. 'debt' (nt) |
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greencharlie (827 posts) Send PM | Profile | Ignore | Mon Apr-26-10 01:15 PM Response to Original message |
14. yeah... |
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Angry Dragon (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 01:23 PM Response to Original message |
15. K&R |
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progressoid (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 01:29 PM Response to Original message |
16. I want a deal like that too. |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 01:34 PM Response to Original message |
17. It gets far worse than that. |
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ieoeja (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 01:49 PM Response to Original message |
18. So what? |
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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 02:13 PM Response to Reply #18 |
20. GM did not "repay the loan" |
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Klukie (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 02:20 PM Response to Reply #20 |
21. not to mention that we look like a bunch of misinformed a-holes ..... |
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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 02:26 PM Response to Reply #21 |
23. And it was everywhere |
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ieoeja (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 02:30 PM Response to Reply #20 |
24. GM stock currently has no value. |
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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 02:44 PM Response to Reply #24 |
25. Let me ask you this |
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ieoeja (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 02:57 PM Response to Reply #25 |
27. Your friend would be lying. |
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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 03:06 PM Response to Reply #27 |
28. The car isn't part of the calculation |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 03:11 PM Response to Reply #27 |
29. That is a bad analogy. |
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quickesst (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 05:04 PM Response to Reply #25 |
48. This.... |
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LuckyTheDog (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:29 PM Response to Reply #20 |
34. Huh? 'Given the current value of GM stock'? WTF? |
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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:44 PM Response to Reply #34 |
42. Replace it with "estimated value" |
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LuckyTheDog (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:49 PM Response to Reply #42 |
45. Well, guess what... |
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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 05:04 PM Response to Reply #45 |
47. And it's beside the point |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 03:16 PM Response to Reply #18 |
30. The stock won't be sold at a profit (not unless the govt waits a decade). |
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LuckyTheDog (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:36 PM Response to Reply #30 |
38. So, the government sells it off over time... |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 05:31 PM Response to Reply #38 |
54. Unlikely. |
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OHdem10 (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 02:07 PM Response to Original message |
19. We own stock. Hopefully whomever is in charge of transactions |
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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 02:23 PM Response to Reply #19 |
22. It isn't really about "coming out ahead" |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 03:20 PM Response to Reply #19 |
31. The govt so overpaid for the stock that it is virtually impossible for us to "come out ahead". |
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LuckyTheDog (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:46 PM Response to Reply #31 |
43. Well -- kinda sorta... but you don't understand long-term investing |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 05:20 PM Response to Reply #43 |
52. Except the govt BORROWED money to invest in GM. |
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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 06:10 PM Response to Reply #52 |
57. Remember buying stocks on margin? |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 07:10 PM Response to Reply #57 |
58. Yup just like that except in this case it was 100% margin (no wimpy 50% margin) |
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truebrit71 (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:34 PM Response to Reply #19 |
37. GM has no stock. They went bankrupt. |
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LuckyTheDog (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:39 PM Response to Reply #37 |
39. Ummm... nope |
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truebrit71 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-27-10 08:56 AM Response to Reply #39 |
61. The GM stock ceased to have value when the company filed for bankruptcy. |
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DainBramaged (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 02:49 PM Response to Original message |
26. Wow, here come the clowns........ |
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LuckyTheDog (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:25 PM Response to Original message |
32. Ummmm ... equity is not a loan |
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Lone_Star_Dem (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:30 PM Response to Reply #32 |
35. Yep. That's the theory |
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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:42 PM Response to Reply #32 |
40. We're not talking about the equity. |
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JNelson6563 (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:30 PM Response to Original message |
36. Seems to me things are looking up for GM |
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RoyGBiv (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:43 PM Response to Original message |
41. I don't understand your complaint ... |
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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:48 PM Response to Reply #41 |
44. My complaint is with the dishonesty |
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DainBramaged (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 04:52 PM Response to Reply #44 |
46. Gee I'd like to know why Toyota hid the facts on unintended acceleration that killed over 50 people |
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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 05:07 PM Response to Reply #46 |
49. That's the beauty of it. You can be pissed off at both, |
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DainBramaged (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 07:59 PM Response to Reply #49 |
59. You don't post bullshit, I know that, and I appreciate your righteous indignation |
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RoyGBiv (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 05:28 PM Response to Reply #44 |
53. Your complaint is with DU ... |
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Prism (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 06:08 PM Response to Reply #53 |
56. But see, that's the sleight of hand |
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dionysus (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 08:50 PM Response to Reply #41 |
60. give the kid a break. he's probably a KIA salesman. |
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ecstatic (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 05:09 PM Response to Original message |
50. We should all go out and buy Toyotas!!1 |
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Obamanaut (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 05:11 PM Response to Original message |
51. I guess the important thing to take away from this is that we are |
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high density (1000+ posts) Send PM | Profile | Ignore | Mon Apr-26-10 05:38 PM Response to Original message |
55. Do people want higher CAFE standards or not? |
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