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#1
03-23-2006, 09:23 PM
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GM, the world's largest car manufacturer could go bust
it belongs. At the feet of the honcho's who failed to come up with a product that makes money. http://business.guardian.co.uk/story/0,,1735482,00.html http://money.cnn.com/2002/01/08/companies/gm_jobs/
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"What you hear in a great jazz band is the sound of democracy. “The jazz band works best when participation is shaped by intelligent communication.” Harmony happens whenever different parts get to form a whole by means of congruity, concord, symetry, consistency, conformity, correspondence, agreement, accord, unity, consonance……. 
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#2
03-23-2006, 09:59 PM
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Well I'm going to lay off my labor union banter, but yah a better product would certainly save them. I go out of my way now when looking at cars to look at US cars, but there just so damn bland.
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An unwavering defender of those I see worth protecting. "promote the general welfare, not provide the general welfare" We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
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#3
03-23-2006, 10:29 PM
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I'll refrain from the arm wrestle for the moment,
but I do like my GXM bonds I bought in Jan. for 21: 4 1/2% convertible to stock in 2007 at that strike price...the downside is BK, of course; the upside is if the Ol'General survives to Jan '07, w/out BK, (7 or 11), the bondholders can/may convert to stock at that time at their choosing, for a "put" of 25 bucks. In the meantime, it's paying ~4 1/2% w/no coupon. And, the GMAC sale has only helped, cash-wise, and the mkt responded with GXM bonds going for 23 and change. This is simply from a personal motive, "stay retired" portfolio tweak...I have opins on their situ, but I'll wait for the dust to clear. No hump on the GXM, as I don't tout stocks...I just stay retired with my port. Do your own DD. GL,md
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Ol'UncleMotor From the Home Base of Pro Bono Punditry and 50 Cent Opins... Our Mtn Scenes, Car Pics, and Road Trip Pics on Flickr: http://www.flickr.com/photos/4527537...7627297418250/ http://www.flickr.com/photos/4527537...7627332480833/ http://www.flickr.com/photos/45275375@N00/ My X Page 
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