Quote:
Originally Posted by renderinfo
Uhh, everything sounds like a dooms day scenario. How about this off-the-wall prediction?
GM declares bankruptcy
GM jettisons debt, unprofitable plants and dealers.
GM "rightsizes" jobs and logistics to become profitable (pessimists read "downsize")
GM continues to have an "international" presence, with plants and dealers everywhere, inc the US, but less than today of course
GM makes the right cars that people want to buy with the right dealerships in place to sell them fairly (this one is tough I realize)
GM becomes profitable (say like what... 2-4 years or less)
Stock goes up from 0 (easy prediction after bankruptcy)
GM starts upsizing, hiring more people and building more plants (4 years+ wildly optimistically)
US Treasury starts selling its stake (presumably earlier than waiting 4 years)
Bond holders get some return on their investment (after all they own stock and can buy more)
US Union Workers continue to get hired and stay employed (if all the above is true, this can be an easy guess)
Everyone (including the tax payer) is happy!
**snip**
Off my soapbox
|
See, this guy has a head on his shoulders. THIS makes sense. A lot of the other stuff you guys have been mumbling about doesn't.
But that's just logic... and an optimistic outlook.
