Stocks closed at $40 in that article.Originally Posted by David88vert
Forbes claimed the stock needed to rise to $53/share to break even. That's a $13 loss per share. And the $26B I was referring to was the money that went straight to the UAW that was never repaid to the tax payer. That's where a large chunk of that 9.7% shareholder stake mentioned in the last line is about since that was part of the deal.
Killing off Pontiac was another requirement...but you didn't hear about the jobs lost from that, did ya?
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