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Originally Posted by threpwood
My broker said GM will not go bankrupt in anyway because the stake is too high for Americans. The stock will continue to deplete and can probably reach 1 cent a share. I wonder why USA doesn't nationalized the GM and fired those dumb CEOs?
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A mild defense of the CEO of Ford. The guy has not been responsible for Ford's demise, as he has only been around a short while and he has done some good things. These companies took decades to get where they are.
Waggoner deserves the boot, but then so does about half of Congress.
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