And last I saw ...

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Post #329,156 by drook 7/6/10 12:39:03 PM Reply	And last I saw ... When the govt. stepped in to bail out GM, they could have bought them outright at their then-current market cap for less than what they invested. That would have been a takeover. Which is why I said they seem to be trying really hard not to take them over. -- Drew
Post #329,158 by boxley 7/6/10 12:56:47 PM Reply	bought outright would have had uaw sueing for their dues turning them over to their buddies and canceling the existing obligations by fiat avoids that

DeLong: Forgetting the lessons of 1829. - (Another Scott) - (13) - July 5, 2010, 08:48:02 PM EDT

Forgetting the lessons of 1917 russia -NT - (boxley) - (12) - July 5, 2010, 09:01:17 PM EDT

Looks non-sequitur to me. - (Another Scott) - (11) - July 5, 2010, 09:36:26 PM EDT

ffsk - (boxley) - (10) - July 5, 2010, 11:15:36 PM EDT

I didn't know that Lenin and Mugabe worked together. - (Another Scott) - (9) - July 5, 2010, 11:51:08 PM EDT

mugabe did attend patrice lumba U - (boxley) - (8) - July 6, 2010, 08:10:19 AM EDT

< 3% interest says otherwise. ;-) -NT - (Another Scott) - (2) - July 6, 2010, 08:37:40 AM EDT

matter of time -NT - (boxley) - (1) - July 6, 2010, 08:49:38 AM EDT

In the long run, we're all dead. -NT - (Another Scott) - July 6, 2010, 07:43:34 PM EDT

Difference between farms and banks - (drook) - (4) - July 6, 2010, 11:54:26 AM EDT

GM and Chrysler are banks? -NT - (boxley) - (3) - July 6, 2010, 12:08:31 PM EDT

Yes - (beepster) - (2) - July 6, 2010, 12:15:43 PM EDT

And last I saw ... - (drook) - (1) - July 6, 2010, 12:39:03 PM EDT

bought outright would have had uaw sueing for their dues - (boxley) - July 6, 2010, 12:56:47 PM EDT

I'm very sorry, but I'm not allowed to argue with you unless you've paid.
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