View Single Post
Old 08-02-2008, 02:09 PM   #21 (permalink)
lio45
6.0 Liter LS2 V8
 
Join Date: Jan 2003
Location: Sherbrooke, Québec
Drives: 1995 Chevy K1500 and various other vehicles
Posts: 4,761
Re: A shocking number, but not a death knell

Quote:
Originally Posted by MadTruckMan View Post
i kinda like the idea of taking GM private. they have enough cash to buy the shares, then they wouldnt have to worry about all this Sarbanes-Oxley crap that public companies worry about...
Um, they need that money (pretty much down to the last cent) to keep operating until the "turnaround" is completed and they're back in the black... what you just suggested is absolutely not an option.
lio45 is offline   Reply With Quote