GM Inside News Forum - View Single Post - GM shares fall below $10 for first time since 1954

BigThreeForever · 07-03-2008, 06:26 AM

Hell, at this rate, GM will be all but worthless. Virtually any car company in the world would be able to buy them. Or any private equity fund. It is terrifying to think of it.

GM's present plight, to me, is America's decline in microcosm. We simply have to turn things around, but time is rapidly ebbing away.

The big investors in GM will be baying for blood. How much longer before a boardroom bloodbath?

07-03-2008, 06:26 AM	#21 (permalink)
BigThreeForever 3.0 Liter SIDI V6 Join Date: Sep 2005 Location: Middle TN Drives: 1996 Silverado, 1990 Grand Marquis, 1994 Caprice W Posts: 661	Re: GM shares fall below $10 for first time since 1954 Hell, at this rate, GM will be all but worthless. Virtually any car company in the world would be able to buy them. Or any private equity fund. It is terrifying to think of it. GM's present plight, to me, is America's decline in microcosm. We simply have to turn things around, but time is rapidly ebbing away. The big investors in GM will be baying for blood. How much longer before a boardroom bloodbath?