Re: Trolls and mischaracterizations

"CardsFan" <me@[EMAIL PROTECTED]
> wrote in message 
news:fov0uh$tpi$1@[EMAIL PROTECTED]
> "Sal" is very definition of a troll.  He'll post here once in a 
> while when he can find something he knows will elicit a response. 
> If no one replies, the thread dies.  (Does that sound too much like 
> Johnny Cochran?)
>
> The current management team is better than they've had in a while 
> and will need more time to retune the company toward profitability.

Not buying that, unless you mean they are better at padding their 
salary by cutting cost.

>GM is turning around.  It is (slowly) getting a handle on labor and 
>health-care costs,

Again by squeezing the promised benefits from those that they can 
while loading up on their perks and bonuses.

> it's trying to reduce the number of models and brands, it's 
> designing better, sometimes award-winning, cars and trucks.  Some 
> factors are outside > its control, like the overall economy.  Yes, 
> they should probably have foreseen the move away from large SUVs and 
> trucks to more fuel-economical vehicles.  With the US mortgage 
> meltdown, it has turned out to be serendipitous that they sold off 
> half of GMAC.
>
> The $38 billion figure trumpeted by "Uncle Vito" was almost all a 
> non-cash charge to write down the value of deferred tax assets.  One 
> would suggest he > learn to read and understand financial 
> statements.  For the year, both globally and in North America, the 
> actual loss from automotive operations was quite a bit smaller than 
> an year ago.
>
> One other thing - GM leads the Dow companies, with a 9% increase in 
> its stock price so far this year.

How many employees do you think paid for that bonus play?