If GM goes bankrupt, will expats go home?
How big of a change is there that GM will go under? I’ve only caught bits an pieces from my family.
But if they do, is it likely they will start sending people back to the U.S, from places such as Australia?
Posts Tagged ‘gm’
What do you do when a stock investment goes bankrupt?
I bought some shares or GM awhile back and stop paying attention to the market when I started school.
As of now GM has gone bankrupt and they keep sending me a letter but in all honesty I am not sure what i am suppose to do.
It says all transferred and trades must be approved or something,
But any how what do I do,
Better yet what am I allowed to do with bankrupted stock?
I don’t have a broker,
Will it be the same if I do it myself?
How does General Motors going bankrupt affects our economy?
Why can’t we let it go bankrupt if it’s not making money? Why would you give money to a company that can’t make money back?
Is it possible that at some point a foreign auto company could take over GM with 51% by their decreasing stock price?
Nobody really cares for American cars nowadays except those rental companies, so what’s the point of keeping it?
welll.. with GM gone, they can get jobs at Japanese auto plants based in US.. so they can expand and make even nicer cars for the consumers.. American cars suck anyway.
If GM goes bankrupt, will expats go home?
How big of a change is there that GM will go under? I’ve only caught bits an pieces from my family.
But if they do, is it likely they will start sending people back to the U.S, from places such as Australia?
Why is $13.7B not enough for GM and the UAW why not let them go bankrupt?
How much do tax payers have to give to bad GM managers and greedy UAW officials and workers? Average wage and benefit cost to a UAW worker is dollars an hour.
I am totally confused about Toyota?
I am not sure why Toyota is handling the foot pedal recall like this.
I’ve had Audi and GM, and it was never about hyping up and advertising the problem exist, never mind apologies from the CEO.
In my area the CEP of Toyota has taken out a full page ad on the NY times asking Toyota owners from 2001 to present to come in for a replacement pedal as well as paying for prime time air on the radio to personally apologize.
Do they want to go bankrupt? This is not how a corporation should handle a mistake?
If GM goes bankrupt, won’t the value of the common shares go to zero?
It is increasingly likely that GM won’t be able to restructure adequately, and will be forced into bankruptcy. They are making deals with unions and the government, and handing out ownership stakes with (I think) preferred shares. However, there are also millions of common stock shares out there (currently valued around ). Won’t those shares go to {content}.00 if the company enters chapter 11 protection?
Those of you who dislike Mr. Obama…..?
How would you solve our foreign diplomacy problems? Bomb all of our enemies? Do we start nuking Korea, Iran, Iraq, Egypt, Pakistan, Palestine China. Would that solve it? Then what do we do with all those dying people?
How would you solve our financial problems? Let every company now fail, and all the banks fail? GM fail, all housing in foreclosure, and all people on the streets?
How would you solve our health care problems? (One in four bankruptcies is now caused by inability to pay medical costs). Would you just turn away anyone and everyone who is dying if they cannot pay? If they are in a car crash, do we let them die in the wreckage if they cannot show a medical insurance card?
I find lots of you on here are big to criticize, but I find no real alternative solutions.
Take one of these and discuss it.
Stand by and let our industrial might go bankrupt, fall into the hands of potential enemies?
US industry GM, Ford, Chrysler, Steel. etc were critical to America surviving and winning WW ll, Korea, etc.
These factories could be bought by Muslims with our money, then the doors shut, workers laid off, the plants dismantled and junked or shipped out of the country. With no defense left for the country, how will we feed all the poor? And stop the barbarians from sacking the country?
IF the auto companies go bankrupt, and your vehicle is financed through them, is your car then free?
So if i buy a Corvette, and GM goes bust in a few months, and my car is financed by GMAC, does that mean I get the car for free?
If they go bankrupt, they went out of business, therefore have no business in having a creditor come after me, when they themselves are gone, and already have filed the paperwork saying they can’t afford to pay anyone back
Will it be easier to buy a GM car since they are about to go bankrupt?
I am looking into buying the new camaro around june,which comes out in Feb. Is it going to be easier for me to buy the car since GM needs the sales.
When will this economy improve?
In the fall of last year, I thought the economy might be turning around by now. Now Chrysler is going into bankruptcy and GM is following. This means all the dealerships will suffer and the suppliers etc. etc. We have tent cities going up and more people are losing their homes.
Where will all the "blue collar" workers find other employment opportunities? I know that there is a push for alternative energy and infrastructure rebuilding, but I can’t see that this will be enough.
If we can turn it around, what do you think the economy will be like in 10 years. Where will the manufacturing jobs be?
And not just in 10 years, when do you think the economy will turn around?
Shouldn’t GM, Ford and Chrysler all merge to form a leaner, meaner single U.S. auto company?
Most of Congress has decided that bailing them out is not worthwhile because it won’t work anyway and they’ll just need more money in a matter of months. I agree with this. Some in Congress point out that a car company cannot survive in bankruptcy because need for parts and service are on-going and who the heck is going to buy a car from a bankrupt company (unless the car is sold well undervalue)? I think that’s also correct. So here’s what I think is the only real solution: All 3 should merge and form one company which, of course, will mean lay-offs, but not nearly as bad as the alternative. This single company would still be competing against foreign auto makers, so there are no worries about a monopoly.
Does anyone else agree with me? If not, what do you see as the alternative? Remember — letting these companies go out of business means 2 – 3 million workers losing their jobs.
Please offer the alternative to what I’m suggesting and why yours is a good idea.
Dewey, I agree, but in the meantime these 3 auto makers are on the verge of going out of business. The CEOs of GM and Ford told Congress their companies would be out of business within a year unless they received a bail-out — which they didn’t receive. Don’t even get me started about their corporate jets — what a disgrace!
What Will Happen After The Big 3 Go Bankrupt?
I know we’ve had Ford GM and Chrysler for a long time, but what should happen if our car companies go out of Business, and how are we going to manufacture or transportation?
Why is GM stock even worth 1.23 today when everyone expects it to go bankrupt?
Won’t the stock you own today go down to zero if GM goes bankrupt?
If GM go bankrupt what will happen to my stocks?
If GM go bankrupt what will happen to my stocks and my money that I invested in them?
If my stocks are worth nothing and another company buys GM, will my stock go up?
What will happen to my GM stock if they go bankrupt?
I am thinking about buying stock with GM. If they go bankrupt what will happen to my stock and my money that I invested in them?
Should the Big Three auto companies be allowed to go bankrupt?
If they do go bankrupt, won’t that leave the small suppliers holding the bag for money owed to them by Ford, Chrysler, and GM? How would that impact the economy?
How likely is it that General Motors will go bankrupt?
My dad works for GM and since the news that GM may declare bankruptcy, both of my parents have been worried. What are the chances that GM will go bankrupt?