GM to close 12 plants, lay off 30,000 - Page 2

caspofungin · 11-28-05, 01:53 AM

where are you exactly, kresge? me, i'm in sunny ypsi.

11-28-05, 01:38 PM

Quote:

i.e. if your employer was going to lay off a janitor, you'd take a pay cut in order for him to keep his job.

If I'm making $4.5M a year, and taking a paycut to invest back into the company, will save my company, and will allow me to continue making, say $1M a year, :hmm:

abso-freekin-lutley

but that's me, a USAF service member, who is making a fraction of that $4.5M salary

TteFAboB · 11-28-05, 10:01 PM

GM is doing quite well in China, where Toyota couldn't venture into yet.

Torpedo Fodder · 11-29-05, 12:53 AM

Quote:

Originally Posted by TteFAboB

GM is doing quite well in China

Yeah, the Chinese love their Buicks; GM estimates China will soon become their second-largest market for the brand. Buick also has a long history in China: Just before WWII, one in five cars in China was a Buick.

11-29-05, 06:08 PM

More crap!

I heard on the news last night that GM's CEO has established some sort of a "special supervisory retiremnt fund" where he's estimated to make $4.5M per year just on his benefits.

So I gotta ask you Mog, are you still on his side? Or is he screwing his own folks by his greed?

:|\

Kresge · 11-30-05, 01:25 AM

Hey caspofungin,
I'm in Romeo (Home of the Peach Festival and Mustang engines), 29 miles due north of Detroit. I can actually see the Renaissance Center from the hill down the road though!

*sunny* Ypsi, how about snowy?
:rotfl:
.

August · 11-30-05, 08:41 AM

An extra 4.5mill a year isn't going to save GM.

Etienne · 11-30-05, 03:05 PM

But it'd help.

bradclark1 · 11-30-05, 03:24 PM

Rich people don't get rich by being nice.

Kresge · 12-01-05, 06:58 PM

I just heard Ford spent $10 million to rent several giant LED screens for this year's North American Autoshow display! I hate to see what the entire display will cost.

Torpedo Fodder · 12-01-05, 07:10 PM

Quote:

Originally Posted by Etienne

But it'd help.

Not very much I'm afraid to say; that 4.5 million is only about 0.001% of GM's current annual deficit.

12-06-05, 11:42 AM

Once he's retired, he's going to give SQUAT to the company. I mentioned this because it's so crappy of a deal to the company and just plain wrong - if it's true.

Enron part deux, here we go again

11-30-05, 01:25 AM	#6
Kresge Engineer Join Date: Dec 2001 Location: The Motor City Posts: 209 Downloads: 4 Uploads: 0	Hey caspofungin, I'm in Romeo (Home of the Peach Festival and Mustang engines), 29 miles due north of Detroit. I can actually see the Renaissance Center from the hill down the road though! sunny Ypsi, how about snowy? :rotfl: . __________________ ". . . sailors do not fancy living underwater without breathing in sunshine occasionally." Commodore Joseph Smith commenting on the USS Monitor

11-30-05, 08:41 AM	#7
August Wayfaring Stranger Join Date: Apr 2005 Location: Massachusetts Posts: 23,245 Downloads: 0 Uploads: 0	An extra 4.5mill a year isn't going to save GM. __________________ Flanked by life and the funeral pyre. Putting on a show for you to see.

12-01-05, 06:58 PM	#10
Kresge Engineer Join Date: Dec 2001 Location: The Motor City Posts: 209 Downloads: 4 Uploads: 0	I just heard Ford spent $10 million to rent several giant LED screens for this year's North American Autoshow display! I hate to see what the entire display will cost. __________________ ". . . sailors do not fancy living underwater without breathing in sunshine occasionally." Commodore Joseph Smith commenting on the USS Monitor

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Hybrid Mode Switch to Threaded Mode

11-28-05, 01:53 AM	#1
caspofungin Commander Join Date: Apr 2005 Posts: 459 Downloads: 41 Uploads: 0	where are you exactly, kresge? me, i'm in sunny ypsi.

11-28-05, 10:01 PM	#3
TteFAboB Admiral Join Date: Oct 2004 Posts: 2,247 Downloads: 4 Uploads: 0	GM is doing quite well in China, where Toyota couldn't venture into yet.

11-29-05, 06:08 PM	#5
von Buelow Stowaway Posts: n/a Downloads: Uploads:	More crap! I heard on the news last night that GM's CEO has established some sort of a "special supervisory retiremnt fund" where he's estimated to make $4.5M per year just on his benefits. So I gotta ask you Mog, are you still on his side? Or is he screwing his own folks by his greed? :\|\

11-30-05, 03:05 PM	#8
Etienne Seasoned Skipper Join Date: Jan 2002 Location: Canada Posts: 695 Downloads: 1 Uploads: 0	But it'd help.

11-30-05, 03:24 PM	#9
bradclark1 Ocean Warrior Join Date: Feb 2003 Location: Connecticut, USA. Posts: 2,794 Downloads: 29 Uploads: 0	Rich people don't get rich by being nice.

12-06-05, 11:42 AM	#12
von Buelow Stowaway Posts: n/a Downloads: Uploads:	Once he's retired, he's going to give SQUAT to the company. I mentioned this because it's so crappy of a deal to the company and just plain wrong - if it's true. Enron part deux, here we go again