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What ever happened to Captian Tungsten? I never agreed with him (that I can recall), but I wonder if his opinion has mellowed somewhat?
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…
“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.
@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.
Ah, the MSM doing their part to gin up the idiots sheeple to clamor for a bailout.
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?!!!