[DeTomaso] fixing the economy (with p content)

[Ken Green]

I have tried to find out how many shares of GM stock are out there.  I think GM owes the UAW 20 billion, and I'm wondering how the 20 billion compares to the sum of the value of the shares?  The point being that if GM owes the UAW more than GM is worth, the UAW could buy GM if they thought it was going to survive, and in reality they have more influence on that than anyone else, and make a huge profit.  If the GM employees could buy GM but don't want GM, it's hard to see why the Feds should throw more tax $s at it.
 
So, does anyone know how much the GM stock is worth?  (I tried searching the Internet and found everything else)
 
Ken




--- On Wed, 4/1/09, Adin, David <DavidAdin at mercydurango.org> wrote:


From: Adin, David <DavidAdin at mercydurango.org>
Subject: [DeTomaso] fixing the economy (with p content)
To: detomaso at realbig.com
Date: Wednesday, April 1, 2009, 10:13 AM



  

    Subject: I love this plan

    This was an article from  the St. Petersburg Times newspaper
Sunday.

    The  Business Section asked readers for ideas on "How Would You
Fix the 
    Economy?" I thought this was the BEST idea....I think  this guy
nailed it!
    

    Dear Mr.  President,
    

    
    

    Patriotic retirement:
    

    There are  about 40 million people over 50 in the work force.
Pay them $1  
    million apiece severance with the following  stipulations:
    
    1) They leave their jobs. Forty million  job openings -
Unemployment fixed.
    2) They buy  NEW American cars. Forty million cars ordered -Auto
Industry  
    fixed.
    3) They either buy a house/pay off their  mortgage -Housing
Crisis fixed.
    4) Mandatory 25,000 expenditure to a Pantera vendor

    Can't get any  easier than that!  
     
    Not joking anymore, I remain
     
    The Pope


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