MY TAKE
June 2006
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June 18, 2005

will raider kirk force GM into pre mature retract-ulation


 everyone in long pants
knows by now 
a hideous drive 
thru the fringe stripper   
awaits
  amerika's 
    glandered  motor giant 

but maybe 
that trips comin up
           a lot sooner 
                then later 

------------------------------------
 AT LEAST THAT'S  KIRK'S 
             WET DREAM .......


=================================

A SLEEVE POST:



" business analysts 
 are intrigued by the
idea that General Motors 
– or a corporate raider
 such
as Kirk Kerkorian – 
could or should terminate GM
retirees' health plan. ..."



We know that Kerkorian 
is actively buying up
GM shares, 
HIS  plan is as follows:

"buy
GM for $20 billion 

 sell GMAC Mortgage
for $10 billion,
 and thereby own GM 
and the rest of
GMAC,
 the automaker's financial-services subsidiary, 
for
the bargain price of 10 BILLION "

-------------WHATS GM WORTH?

a lot more apres la strip 

 JUST 
 terminating
the  UAW retiree benefits
 saves  5 billion a year ....--------



"very rough....talk 
but can gm pull a  full frontal strip  off?
..... unclear  law ..."

------  gm will hardly
be  making the bid just for herself
 her  whole  klass 
is  watching ...---- 



"Everyone will see this as a case of,
 'as goes GM, so
goes the rest of the nation'. 
This battle will draw in
support – on both sides –
 from many well-funded allies
and interested parties,
 guaranteeing a hard fought
battle.....
  the winner in court ?"

--------- my take :
           this is amerika
          where our lady 
             of the  law 
              gladly 
         bends  herself under  
                    the mass 
                          of... our  kapital -------

================================

Posted by herb jr. jr. at June 18, 2005 06:53 PM

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