Comments on: GM Files For Bankruptcy http://www.topfinanceblog.com/gm-files-for-bankruptcy/ Financial News, Information, and Commentary Wed, 08 Feb 2012 02:42:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: PlfS http://www.topfinanceblog.com/gm-files-for-bankruptcy/comment-page-1/#comment-2568 PlfS Fri, 06 May 2011 09:54:10 +0000 http://www.topfinanceblog.com/?p=256#comment-2568 You are right Justin but I think the taxpayers can’t be in this mess if GM and other car companies hadn’t been stupid to start with. In fact, everyone wants to get quick profit nowadays and so they achieve it at any risk. You are right Justin but I think the taxpayers can’t be in this mess if GM and other car companies hadn’t been stupid to start with. In fact, everyone wants to get quick profit nowadays and so they achieve it at any risk.

]]> By: Justin http://www.topfinanceblog.com/gm-files-for-bankruptcy/comment-page-1/#comment-467 Justin Wed, 03 Jun 2009 21:39:08 +0000 http://www.topfinanceblog.com/?p=256#comment-467 No argument from me on that! LOL! Everyone goes for the quick profits at the risk of the future :( No argument from me on that! LOL! Everyone goes for the quick profits at the risk of the future :(

]]> By: Mitch http://www.topfinanceblog.com/gm-files-for-bankruptcy/comment-page-1/#comment-464 Mitch Tue, 02 Jun 2009 20:59:55 +0000 http://www.topfinanceblog.com/?p=256#comment-464 Yours is a good point also, Justin, but the taxpayers wouldn't be in this mess if GM, and other car companies, hadn't been stupid to begin with. Heck, I just wish someone would call me and put me on one of those boards. lol Yours is a good point also, Justin, but the taxpayers wouldn’t be in this mess if GM, and other car companies, hadn’t been stupid to begin with. Heck, I just wish someone would call me and put me on one of those boards. lol

]]> By: Justin http://www.topfinanceblog.com/gm-files-for-bankruptcy/comment-page-1/#comment-463 Justin Tue, 02 Jun 2009 15:18:33 +0000 http://www.topfinanceblog.com/?p=256#comment-463 Like you said, this was a bankruptcy a long time in the making. You make some good suggestions as to the issues that led to the downfall of GM. Unfortunately, I don't think that GM really turned out to be the sucker in this whole mess, the American Taxpayers did. While the decision to bail out GM is obviously very complicated, the government has decided to invest in the company on behalf of the taxpayers. It is scary to think that the government will own 60% of the restructured company and will control 7 of the 12 seats on the board. We'll see how it all plays out! <abbr><em>Justins last blog post..<a href="http://www.emarketing-newsletter.com/marketing-yahoo-answers.html">Marketing With Yahoo Answers</a></abbr></em> Like you said, this was a bankruptcy a long time in the making. You make some good suggestions as to the issues that led to the downfall of GM.

Unfortunately, I don’t think that GM really turned out to be the sucker in this whole mess, the American Taxpayers did. While the decision to bail out GM is obviously very complicated, the government has decided to invest in the company on behalf of the taxpayers. It is scary to think that the government will own 60% of the restructured company and will control 7 of the 12 seats on the board. We’ll see how it all plays out!

Justins last blog post..Marketing With Yahoo Answers

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