Quote:
Originally Posted by Brokinarrow
They'll slowly buy back their stock and start selling it on the market again. Eventually GM WILL be completely private again. And if they do well and become an industry leader again, whoever sticks their neck out to buy a few shares of early stock may get a nice surprise  |
When though? I know Im being a stickler but the government doesnt have to sell any bit of what it owns of GM. Why would they sell it if they are making tons of cash of them? Again, how does the government govern itself on this issue?
Quote:
Originally Posted by gtahvit
Sears could sell off Kmart once it becomes a profitable organization just like Gov could do with GM. I think the bigger question is will they...
But this is a bit of an apples to oranges comparison... Sears is in the retail business. The Gov is not in the car business...
Again this is one of those round robin arguments. For now, I'll agree to disagree.
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Im not disagreeing just trying to figure this out. Its the first of its kind and hopefully the last.