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Old 08-03-2008, 10:29 AM   #11 (permalink)
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Re: Investors unfazed by GM'S huge loss

Quote:
Originally Posted by LeSabre View Post
- (From the article & also the quoted section on the starting post of this thread).

I am wondering if this 3rd-worst (record?)loss along w/the other 2 high losses were within the last 7-8yrs? Therefore having happened under Wagoners'
leadership.


I think they have been making cuts since things started getting bad over the last 5-7yrs & this is also while Wagoner has been CEO.

On both counts, not good. The Board/Bystanders of Directors should wake up & smell the burning coffe, if you take my meaning. Rick Wagoner needs to go & NOT replaced w/another beancounter!!
I'll have to check, but from memory he was only in charge for #1 and #3 I think he was either the CFO or the Head of GM Canada when #2 happened
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They're going cheap only $20.00, nope 15.50, nope 14.77, nope 13.77... CRAP $11.50 OMG 10.06

Stop the presses! The turnaround has begun... we are back trading in the 12's
Never mind back in the 10's, 9's, 8's, 7's, 6's, 5's, 4's, 3's $2's, 1.70 Anyone Surprised?
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