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Old 12-05-2009, 10:03 PM   #20
BigAls87Z28
 
Join Date: Jul 2004
Location: West Long Branch
Posts: 13,598
iTrader: (3)
Its not a publicly traded, so there are no shares to be bought. Any and all shares were liquidated. I lost about...eh...almost a thousand bucks? Should have pulled out, and bought Ford.

We are the goverment, we elect our officials, we tell them what to do, they work for us, the goverment purchased 60% of GM after Chap 11.
You cant go to board meetings becaues you are not a member of the board, but the board must answer to the ATF for certain things.
The ATF does not dicate product, but they do have control over the purse strings. They have left any and all product development up to GM and thier execs.

Big Ed wants lots of things to happen, and he will keep firing people till he finds someone that can do the job. Could be good or bad, depending on how you look at it.

The President is not the King, nor is he a mega-billionare, and owns or controls nothing reguarding GM.
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