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Why Would You Give GM $18 Billion When You Can Buy All the Stock for ~$5 billion


mlhm5

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If we owned it, from this point forward, we could build only cars that are not primarily dependent on oil, something GM will never do if you give them $18 billion.

 

Also a US owned GM could build more build trains, buses, subways and light rail which figures heavily into the new president's plan.

 

We will give GM $18 billion and they immediately fire 20k workers. Seems like that has been GM's MO for 30 years.

Edited by mlhm5
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