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  1. #1
    Atomic Punk bklynboy68's Avatar
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    Default General Motors pushing U.S. to sell stake: report

    CHICAGO (MarketWatch) -- The Treasury Department is resisting General Motors' push to for the government to sell off its stake in the auto maker, The Wall Street Journal reports. Following a $50 billion bailout in 2009, the U.S. taxpayers now own almost 27% of the company. But the newspaper said GM executives are now chafing at that, saying it hurts the company's reputation and its ability to attract top talent due to pay restrictions. Earlier this year, GM /quotes/zigman/1466682/quotes/nls/gm GM -1.45% presented a plan to repurchase 200 million of the 500 million shares the U.S. holds with the balance being sold via a public offering. But officials at the Treasury Department were not interested as selling now would lead to a multibillion dollar loss for the government, the newspaper noted


    http://www.marketwatch.com/story/gen...ort-2012-09-17
     "He has a swaggering retro machismo that will give hives to the Steinem cabal" -Camille Paglia on Donald Trump

    "Make way for the bad guy"- Tony Montana

    'This hamburger don't need no helper"- David Lee Roth

    "I wish Bon Jovi would've given me a call before he recorded all of his hits, because the lyrics would've been smarter, the melodies would've been much more smashing, and they would've sold a lot fewer records." -David Lee Roth

    "My beef is people thinking Bon Jovi is good cuz they sold lots of records to housewives." -tango

    "But being number one doesn’t really mean jack fuck all. We sold twice as many records as other records that year (1984) that landed in the Number One position." ~Eddie Van Halen

  2. #2
    Atomic Punk Dave's Dreidel's Avatar
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    Default

    Fuck GM.

    How about making a fucking decent car first?

    Just a thought.
    Taylor Swift is nice to look at. Adele can sing.

    Emperor Brett - "I can't believe you guys are analyzing song-by-song Van Halen III? What next, analyzing the script of Stroker Ace looking for some shred of Citizen Kane?"

    David Lee Roth did the impossible. He made Van Halen better. Deal with it!

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  3. #3
    Atomic Punk bklynboy68's Avatar
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    Default

    Quote Originally Posted by Dave's Dreidel View Post
    Fuck GM.

    How about making a fucking decent car first?

    Just a thought.
    I agree, but to their credit they want to get out of the government's grip and the administration is saying no.
     "He has a swaggering retro machismo that will give hives to the Steinem cabal" -Camille Paglia on Donald Trump

    "Make way for the bad guy"- Tony Montana

    'This hamburger don't need no helper"- David Lee Roth

    "I wish Bon Jovi would've given me a call before he recorded all of his hits, because the lyrics would've been smarter, the melodies would've been much more smashing, and they would've sold a lot fewer records." -David Lee Roth

    "My beef is people thinking Bon Jovi is good cuz they sold lots of records to housewives." -tango

    "But being number one doesn’t really mean jack fuck all. We sold twice as many records as other records that year (1984) that landed in the Number One position." ~Eddie Van Halen

  4. #4
    Hang 'Em High
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    Default

    Quote Originally Posted by Dave's Dreidel View Post
    Fuck GM.

    How about making a fucking decent car first?

    Just a thought.
    Could not have said it better.

  5. #5
    Atomic Punk Dave's Dreidel's Avatar
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    12.13.17 @ 12:19 PM
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    Quote Originally Posted by bklynboy68 View Post
    I agree, but to their credit they want to get out of the government's grip and the administration is saying no.
    Hell yeah they are saying no, until the sell it there is a chance of re-couping the money.

    Who owns their stock should be about 1 zillionth on their priority list.

    And can't hire quality people because of the government restrictions on compensation? Fuck you twice GM.

    The people they have been hiring hasn't worked out that well for the past forty years with the outlandish compensation, maybe they should pay some young hungry minds to come in there and try to fix the damn place, instead of trying the same old same old and hoping for a different result.
    Taylor Swift is nice to look at. Adele can sing.

    Emperor Brett - "I can't believe you guys are analyzing song-by-song Van Halen III? What next, analyzing the script of Stroker Ace looking for some shred of Citizen Kane?"

    David Lee Roth did the impossible. He made Van Halen better. Deal with it!

    Preferred pronouns: he/him/his

    Hurricane Halen - Let's all gingery touch our sword tips!!!

    DONATE TO THE LINKS YA CHEAP BASTARDS!!!!

  6. #6
    Atomic Punk edwardv's Avatar
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    Default

    It's the definition of insanity once again.
    EVH 1979: Well, actually it's not much of a vacation, because we run everything ourselves. We design our own album cover, we have to be in the office every day to sign checks - the whole corporation revolves around us. Nothing can be done without our approval. We even have photo approval.

  7. #7
    Atomic Punk Dave's Dreidel's Avatar
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    Quote Originally Posted by edwardv View Post
    It's the definition of insanity once again.
    No kidding.

    Let's spend more per car than any other auto maker, and outside of Escalades, Corvettes and pick up trucks, nobody wants any of our cars either, but lets just keep doing what we have been doing, and hope and pray that things turn around.
    Taylor Swift is nice to look at. Adele can sing.

    Emperor Brett - "I can't believe you guys are analyzing song-by-song Van Halen III? What next, analyzing the script of Stroker Ace looking for some shred of Citizen Kane?"

    David Lee Roth did the impossible. He made Van Halen better. Deal with it!

    Preferred pronouns: he/him/his

    Hurricane Halen - Let's all gingery touch our sword tips!!!

    DONATE TO THE LINKS YA CHEAP BASTARDS!!!!

 

 

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