Author Topic: GM records its highest profit ever: $7.6 billion  (Read 2099 times)

0 Members and 1 Guest are viewing this topic.

Offline SuperSix

  • Administrator
  • Turbo Street Outlaw
  • *******
  • Posts: 5072
  • PSI: 234
    • View Profile
GM records its highest profit ever: $7.6 billion
« on: February 16 2012, 10:22:26 AM »
http://news.yahoo.com/gm-records-highest-profit-ever-7-6-billion-123523501.html

They owe the US 30 BILLION - how can they be "profitable" owing that much?

"We" own 26/7% - could they sell all of that stock at once?

Quote
GM said 47,500 blue-collar workers in the U.S. will get $7,000 profit-sharing checks in March. The checks are based on North American performance and are a record for the company.

Where's my bonus?

Overall, I am pissed about ANY government bailout. Of course, I don't wish that X amount of auto workers are out of work - but why is it the gubment's JOB to bail out poorly run companies/

If you run a company into the ground - tough shit.





'87 GN, 60lb, TA49, THDP, FTP cam, T+ lots o' shit - SOLD
'07 Ford F150 Lariat 2WD, 5.4L 3v - 255k
'20 Kubota BX2380. FEL, 60" deck
'78 IH/Case 184 Lo-Boy
'99 Kawasaki Bayou 400 4x4

Offline daveismissing

  • Two Buicks- too little money$$
  • Turbo Street Outlaw
  • *******
  • Posts: 6517
  • PSI: 3
  • Two Buicks- too little money$$
    • View Profile
Re: GM records its highest profit ever: $7.6 billion
« Reply #1 on: February 16 2012, 10:46:01 AM »
-Drain plug by Earl Brown, custom oil pan by Rich's Auto

Offline Grumpy

  • Turbo Street Modified
  • *****
  • Posts: 498
  • PSI: 4
    • View Profile
Re: GM records its highest profit ever: $7.6 billion
« Reply #2 on: February 17 2012, 03:59:00 PM »
unbelievable !!!! $7k bonus to boot.  :013:

 

SimplePortal 2.3.7 © 2008-2024, SimplePortal