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Re: GM's Butt buddies
GM will be DEAD and BURIED before xmas 2006 - to be ressurected
as a division of Honda in 2007 albeit MUCH smaller and non-union. Should be fun! "Wagonwheel" <Wagonwheel_member@newsguy.com> wrote in message news:e1evgf05e3@drn.newsguy.com... > GM's top brass confirmed Wagoneers position by assuring stockholders that "Rick > ain't a dick" when it comes to managing GM's losses. The same boneheads keep > giving him a raise. An old man's cluster of old farts and assholes who keep > their jobs by voting themselves a pay raise. I thought Kerkorian was smarter > than these clowns. They just keep pulling the condom over his head. A good jap > or china man running GM would shake the out of these old farts! > > > -- > NewsGuy.Com 30Gb $9.95 Carry Forward and On Demand Bandwidth > |
Re: GM's Butt buddies
> On 4/12/2006 12:44 AM ... Saint Electrolux 59 wrote:
> GM will be DEAD and BURIED before xmas 2006 - to be ressurected > as a division of Honda in 2007 albeit MUCH smaller and non-union. > > Should be fun! > > "Wagonwheel" <Wagonwheel_member@newsguy.com> wrote in message > news:e1evgf05e3@drn.newsguy.com... >> GM's top brass confirmed Wagoneers position by assuring stockholders that > "Rick >> ain't a dick" when it comes to managing GM's losses. The same boneheads > keep >> giving him a raise. An old man's cluster of old farts and assholes > who keep >> their jobs by voting themselves a pay raise. I thought Kerkorian was > smarter >> than these clowns. They just keep pulling the condom over his head. A > good jap >> or china man running GM would shake the out of these old farts! >> >> >> -- >> NewsGuy.Com 30Gb $9.95 Carry Forward and On Demand Bandwidth >> > Na! With recent sales of assets, they now have enough cash now to get them through xmas. Problem is that what they've been selling are the larger money-makers for them, so once the cash runs out and absent any more fire sales OR some other way to make up the income loss...who knows! |
Re: GM's Butt buddies
> On 4/12/2006 12:44 AM ... Saint Electrolux 59 wrote:
> GM will be DEAD and BURIED before xmas 2006 - to be ressurected > as a division of Honda in 2007 albeit MUCH smaller and non-union. > > Should be fun! > > "Wagonwheel" <Wagonwheel_member@newsguy.com> wrote in message > news:e1evgf05e3@drn.newsguy.com... >> GM's top brass confirmed Wagoneers position by assuring stockholders that > "Rick >> ain't a dick" when it comes to managing GM's losses. The same boneheads > keep >> giving him a raise. An old man's cluster of old farts and assholes > who keep >> their jobs by voting themselves a pay raise. I thought Kerkorian was > smarter >> than these clowns. They just keep pulling the condom over his head. A > good jap >> or china man running GM would shake the out of these old farts! >> >> >> -- >> NewsGuy.Com 30Gb $9.95 Carry Forward and On Demand Bandwidth >> > Na! With recent sales of assets, they now have enough cash now to get them through xmas. Problem is that what they've been selling are the larger money-makers for them, so once the cash runs out and absent any more fire sales OR some other way to make up the income loss...who knows! |
Re: GM's Butt buddies
"Saint Electrolux 59" <combiner@3domingorf.com> wrote in message news:4c3e0$443c85b7$d1cc7ae7$32211@snip.allthenews groups.com... > GM will be DEAD and BURIED before xmas 2006 - to be ressurected > as a division of Honda in 2007 albeit MUCH smaller and non-union. > > Should be fun! I would think that GM has the resources to buy Honda. Hmm 51% of GMAC, remaining 49%... Of course they should buy Honda and let their management run the show. Give all of the GM managers early outs. |
Re: GM's Butt buddies
"Saint Electrolux 59" <combiner@3domingorf.com> wrote in message news:4c3e0$443c85b7$d1cc7ae7$32211@snip.allthenews groups.com... > GM will be DEAD and BURIED before xmas 2006 - to be ressurected > as a division of Honda in 2007 albeit MUCH smaller and non-union. > > Should be fun! I would think that GM has the resources to buy Honda. Hmm 51% of GMAC, remaining 49%... Of course they should buy Honda and let their management run the show. Give all of the GM managers early outs. |
Re: GM's Butt buddies
"Charles" <h90943@hotmail.commie> writes:
> > GM will be DEAD and BURIED before xmas 2006 - to be ressurected > > as a division of Honda in 2007 albeit MUCH smaller and non-union. > > I would think that GM has the resources to buy Honda. Hmm 51% of GMAC, > remaining 49%... I don't think so: GM market cap is $11B, HMC market cap is $59B. The market has spoken... Dale Worley -- Warn me before sending HTML e-mail, or it will be deleted as spam. -- And one of cyberspace's main properties is trying to pretend the real world doesn't exist, or that magically it can force the real world to rethink reality to fit what cyberspace's belief that reality ought to be. -- Chuq Von Rospach |
Re: GM's Butt buddies
"Charles" <h90943@hotmail.commie> writes:
> > GM will be DEAD and BURIED before xmas 2006 - to be ressurected > > as a division of Honda in 2007 albeit MUCH smaller and non-union. > > I would think that GM has the resources to buy Honda. Hmm 51% of GMAC, > remaining 49%... I don't think so: GM market cap is $11B, HMC market cap is $59B. The market has spoken... Dale Worley -- Warn me before sending HTML e-mail, or it will be deleted as spam. -- And one of cyberspace's main properties is trying to pretend the real world doesn't exist, or that magically it can force the real world to rethink reality to fit what cyberspace's belief that reality ought to be. -- Chuq Von Rospach |
Re: GM's Butt buddies
In article <1240hi3hitvds1a@corp.supernews.com>, "Charles"
<h90943@hotmail.commie> wrote: > "Saint Electrolux 59" <combiner@3domingorf.com> wrote in message > news:4c3e0$443c85b7$d1cc7ae7$32211@snip.allthenews groups.com... > > GM will be DEAD and BURIED before xmas 2006 - to be ressurected > > as a division of Honda in 2007 albeit MUCH smaller and non-union. > > > > Should be fun! > > I would think that GM has the resources to buy Honda. Hmm 51% of GMAC, > remaining 49%... > Of course they should buy Honda and let their management run the show. Give > all of the GM managers early outs. It would be more likely that Honda would buy GM instead of GM buying Honda. Please remember the situation involving Chrysler and Mercedes-Benz. However, I doubt that Honda would want the problems connected to taking over a company that has the debt burden (eg paying for the retirement and related health care costs of thousands of GM employees) if GM. Jason -- NEWSGROUP SUBSCRIBERS MOTTO We respect those subscribers that ask for advice or provide advice. We do NOT respect the subscribers that enjoy criticizing people. |
Re: GM's Butt buddies
In article <1240hi3hitvds1a@corp.supernews.com>, "Charles"
<h90943@hotmail.commie> wrote: > "Saint Electrolux 59" <combiner@3domingorf.com> wrote in message > news:4c3e0$443c85b7$d1cc7ae7$32211@snip.allthenews groups.com... > > GM will be DEAD and BURIED before xmas 2006 - to be ressurected > > as a division of Honda in 2007 albeit MUCH smaller and non-union. > > > > Should be fun! > > I would think that GM has the resources to buy Honda. Hmm 51% of GMAC, > remaining 49%... > Of course they should buy Honda and let their management run the show. Give > all of the GM managers early outs. It would be more likely that Honda would buy GM instead of GM buying Honda. Please remember the situation involving Chrysler and Mercedes-Benz. However, I doubt that Honda would want the problems connected to taking over a company that has the debt burden (eg paying for the retirement and related health care costs of thousands of GM employees) if GM. Jason -- NEWSGROUP SUBSCRIBERS MOTTO We respect those subscribers that ask for advice or provide advice. We do NOT respect the subscribers that enjoy criticizing people. |
Re: GM's Butt buddies
Dale Worley wrote:
> "Charles" <h90943@hotmail.commie> writes: > > > GM will be DEAD and BURIED before xmas 2006 - to be ressurected > > > as a division of Honda in 2007 albeit MUCH smaller and non-union. > > > > I would think that GM has the resources to buy Honda. Hmm 51% of GMAC, > > remaining 49%... > > I don't think so: GM market cap is $11B, HMC market cap is $59B. The > market has spoken... While I have no desire to take sides in this discussion, I have to take exception with your comment Dale. You can't buy diddley with "market cap". You need cash! ;-) |
Re: GM's Butt buddies
Dale Worley wrote:
> "Charles" <h90943@hotmail.commie> writes: > > > GM will be DEAD and BURIED before xmas 2006 - to be ressurected > > > as a division of Honda in 2007 albeit MUCH smaller and non-union. > > > > I would think that GM has the resources to buy Honda. Hmm 51% of GMAC, > > remaining 49%... > > I don't think so: GM market cap is $11B, HMC market cap is $59B. The > market has spoken... While I have no desire to take sides in this discussion, I have to take exception with your comment Dale. You can't buy diddley with "market cap". You need cash! ;-) |
Re: GM's Butt buddies
Market cap does not equate to cash reserves. However, I do not think that
they could come up with 59B and certainly could not utilize the purchase to their advantage. "Dale Worley" <worley@dragon.ariadne.com> wrote in message news:87psjjv948.fsf@newsgroups.comcast.net... > "Charles" <h90943@hotmail.commie> writes: > > > GM will be DEAD and BURIED before xmas 2006 - to be ressurected > > > as a division of Honda in 2007 albeit MUCH smaller and non-union. > > > > I would think that GM has the resources to buy Honda. Hmm 51% of GMAC, > > remaining 49%... > > I don't think so: GM market cap is $11B, HMC market cap is $59B. The > market has spoken... > > Dale Worley > -- > Warn me before sending HTML e-mail, or it will be deleted as spam. > -- > And one of cyberspace's main properties is trying to pretend the real > world doesn't exist, or that magically it can force the real world to > rethink reality to fit what cyberspace's belief that reality ought to > be. -- Chuq Von Rospach |
Re: GM's Butt buddies
Market cap does not equate to cash reserves. However, I do not think that
they could come up with 59B and certainly could not utilize the purchase to their advantage. "Dale Worley" <worley@dragon.ariadne.com> wrote in message news:87psjjv948.fsf@newsgroups.comcast.net... > "Charles" <h90943@hotmail.commie> writes: > > > GM will be DEAD and BURIED before xmas 2006 - to be ressurected > > > as a division of Honda in 2007 albeit MUCH smaller and non-union. > > > > I would think that GM has the resources to buy Honda. Hmm 51% of GMAC, > > remaining 49%... > > I don't think so: GM market cap is $11B, HMC market cap is $59B. The > market has spoken... > > Dale Worley > -- > Warn me before sending HTML e-mail, or it will be deleted as spam. > -- > And one of cyberspace's main properties is trying to pretend the real > world doesn't exist, or that magically it can force the real world to > rethink reality to fit what cyberspace's belief that reality ought to > be. -- Chuq Von Rospach |
Re: GM's Butt buddies
> On 4/15/2006 11:42 AM ... Jason wrote:
> In article <1240hi3hitvds1a@corp.supernews.com>, "Charles" > <h90943@hotmail.commie> wrote: > >> "Saint Electrolux 59" <combiner@3domingorf.com> wrote in message >> news:4c3e0$443c85b7$d1cc7ae7$32211@snip.allthenews groups.com... >>> GM will be DEAD and BURIED before xmas 2006 - to be ressurected >>> as a division of Honda in 2007 albeit MUCH smaller and non-union. >>> >>> Should be fun! >> I would think that GM has the resources to buy Honda. Hmm 51% of GMAC, >> remaining 49%... >> Of course they should buy Honda and let their management run the show. Give >> all of the GM managers early outs. > > It would be more likely that Honda would buy GM instead of GM buying Honda. > Please remember the situation involving Chrysler and Mercedes-Benz. > > However, I doubt that Honda would want the problems connected to taking > over a company that has the debt burden (eg paying for the retirement and > related health care costs of thousands of GM employees) if GM. > Jason > ....unless the government made a deal to accept some of the debt themselves so that Honda's buyout at least kept some of the debt and kept people working (and tax-payers). Interesting idea! |
Re: GM's Butt buddies
> On 4/15/2006 11:42 AM ... Jason wrote:
> In article <1240hi3hitvds1a@corp.supernews.com>, "Charles" > <h90943@hotmail.commie> wrote: > >> "Saint Electrolux 59" <combiner@3domingorf.com> wrote in message >> news:4c3e0$443c85b7$d1cc7ae7$32211@snip.allthenews groups.com... >>> GM will be DEAD and BURIED before xmas 2006 - to be ressurected >>> as a division of Honda in 2007 albeit MUCH smaller and non-union. >>> >>> Should be fun! >> I would think that GM has the resources to buy Honda. Hmm 51% of GMAC, >> remaining 49%... >> Of course they should buy Honda and let their management run the show. Give >> all of the GM managers early outs. > > It would be more likely that Honda would buy GM instead of GM buying Honda. > Please remember the situation involving Chrysler and Mercedes-Benz. > > However, I doubt that Honda would want the problems connected to taking > over a company that has the debt burden (eg paying for the retirement and > related health care costs of thousands of GM employees) if GM. > Jason > ....unless the government made a deal to accept some of the debt themselves so that Honda's buyout at least kept some of the debt and kept people working (and tax-payers). Interesting idea! |
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