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General Motors - King Rat
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gkr
gkr
General Motors
General Motors needs to hold out a few more weeks.
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pseudogoth23 From: pseudogoth23 Date: December 12th, 2008 05:09 pm (UTC) (Link)
We'll see. I think President Cheney realizes that repeating the mistakes of the Hoover administration is rather unwise.
gkr From: gkr Date: December 12th, 2008 05:26 pm (UTC) (Link)
General Motors needs to hold out several more weeks so I can get my mom's money out of a GM investment.
pseudogoth23 From: pseudogoth23 Date: December 12th, 2008 06:29 pm (UTC) (Link)
As I said, we'll see.

It looks like GMAC won't be able to turn itself into a bank, though- let me guess, your mom had a DemandNote or SmartNote?
gkr From: gkr Date: December 12th, 2008 07:09 pm (UTC) (Link)
Yup. With a put option on the death of the holder.
From: gearwife Date: December 15th, 2008 05:10 am (UTC) (Link)
I concur...just a few more weeks.
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