Muscatine

Government Motors will file for bankruptcy

Posted in: Muscatine
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  • kenn
  • Respected Neighbor
  • Muscatine Ia
  • 656 Posts
  • Respect-O-Meter: Respected Neighbor

 

"...and take a 72.5 percent interest in the automaker." Now THAT is what is scary!  What they are not telling us is what part of the rRISK are we assuming for that majority in stakeholder-ship. If they fail again after this...we all fail....thanks hussein!


Whoa, the way I read it that 72.5 was 17.5 and I have a excuse for punching the wrong key, old & stiff fingers. Now I know that you are not old so I will let you figure it out.

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