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Old 07-15-2008, 08:15 PM   #1
MikeWaters
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Default Worth of GM and Ford

5.60 billion GM
10.45 billion Ford

139.23 billion Toyota
117.51 billion Honda
9.89 billion Starbucks

Bye-bye Detroit.
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Old 07-15-2008, 08:28 PM   #2
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Crazy that GM is worth about 2.5 stealth bombers.
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Old 07-15-2008, 08:31 PM   #3
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Probably the only reason no one has bought GM is because they think it is actually worth even less than 5.6 billion. As in a collosal headache that is beyond repair.

It's probably best that GM and Ford go bankrupt, and perhaps another American company can rise from the ashes sans unions.
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Old 07-15-2008, 08:34 PM   #4
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Quote:
Originally Posted by MikeWaters View Post
Probably the only reason no one has bought GM is because they think it is actually worth even less than 5.6 billion. As in a collosal headache that is beyond repair.

It's probably best that GM and Ford go bankrupt, and perhaps another American company can rise from the ashes sans unions.
With millions having lost their pensions and health retirement benefits?
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Old 07-15-2008, 08:36 PM   #5
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Originally Posted by Levin View Post
With millions having lost their pensions and health retirement benefits?
My friend, that ship has already sailed. It's only a matter of time before both companies are in bankruptcy.

The only thing that can save them, I think, is for oil prices to crash.
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Old 07-15-2008, 08:38 PM   #6
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Quote:
Originally Posted by MikeWaters View Post
My friend, that ship has already sailed. It's only a matter of time before both companies are in bankruptcy.

The only thing that can save them, I think, is for oil prices to crash.
THis is what they said in 1974. THigns are differrent now, but still . . .
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Old 07-15-2008, 08:40 PM   #7
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THis is what they said in 1974. THigns are differrent now, but still . . .
and they've gotten weaker and weaker since then.

GM and Ford actually believe that it doesn't matter if their cars and trucks are worse. They honestly don't care.
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