L.A. Billionaire Takes Stake in GM
 

http://groong.usc.edu/news/msg111095.html

Big...big article.... I only read the first 3 paragraphs. We need like a Brand News/ Concepts forum btw.


-Matt-

RE: L.A. Billionaire Takes Stake in GM
 

hes a corporate pirate....

RE: L.A. Billionaire Takes Stake in GM
 

So he gets all these shares, then what's he going to do? How often does the board meet? Does he thing at the age of 87 he's going to live long enough to see these huge gains?

Mac

RE: L.A. Billionaire Takes Stake in GM
 

maybe he will do away with the C6 Z06 so mine remains more valuable. :D

RE: L.A. Billionaire Takes Stake in GM
 

the problem with a corporate pirate is that they generally will swoop in, take advanatage of the company as much as possible, often doing some damage, then sell it, leaving it a bit damaged. people like him are the ones who cause things liek enron.

RE: L.A. Billionaire Takes Stake in GM
 

I'm not sure I agree with the Enron comparison...(not trying to argue)...I thought the deal with Enron was that they were crooked, jacked up the books to appear more successful, vice trying to take over to sell off the pieces...generally when it comes to corporate pirates, that is the game plan, buy it, sell off the pieces...

Or so this dummy thought.;)

Mac

RE: L.A. Billionaire Takes Stake in GM
 

well, i didnt mean to compare enron to a pirated corp...the problem was corruption...but a corporate pirate can have the same effect on investors as corruption...i should have specified that a bit. enron was because they were cooking the books....and embezzeling funds.

RE: L.A. Billionaire Takes Stake in GM
 

No worries, wasn't sure if'n maybe you knew something I didn't!

[sm=gears.gif]

Mac

RE: L.A. Billionaire Takes Stake in GM
 

either way..it will be interesting in seeing what this old guy does.

RE: L.A. Billionaire Takes Stake in GM
 

maybe he will use his money to keep the cost of the new Z06 low! [8D]