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To: Gabrial

I believe those figures were before the IPO.

Here is the current opwnership:

GM Ownership
http://www.gminthemedia.com/2012/03/21/who-owns-gm-stock/

The US, after the IPO now is at 32%...some quote as low as 26%.

Saudi and China are in that 44.9% individual and institutional owners.

But their numbers are way down from when the IPO was let. The stock has lost something like 25% or more since then and I believe they have been dumping it. However, one Saudi Prince alone still owns 1% of the stock by his lonmesome, Prince Walid bin Talal, who bought 500 million in shares during the IPO and has held onto it.

These days it is exceedingly difficult to find out exactly how much Saaudi Arabia and China own.


31 posted on 06/11/2012 11:49:55 PM PDT by Jeff Head (Freedom is not free, never has been, never will be (www.dragonsfuryseries.com))
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To: Jeff Head
Thanks for the updated chart. A couple of things that really tick me off.

1) In the chart, Government Motors papers over (hides) the fact the original GM bondholders were robbed when their ownership was forcibly taken from them and handed to the UAW by Obama. Their only crime was investing their own savings in the company. The UAW was primarily responsible for causing GM to fail. Calling the UAW an “institutional investor” is a joke. They were given ownership by Obama.

2) Now the UAW is getting huge bonuses while the taxpayers are taking it up the *ss.

http://www.thetruthaboutcars.com/2012/02/uaw-profit-sharing-bonuses-enough-to-buy-two-tatas/

The UAW is sure to funnel the ill-gotten money back into the Obama campaign so they can continue the criminal enterprise.

To me, this is the real story that no one is reporting on.

44 posted on 06/12/2012 7:49:30 AM PDT by Gabrial (The nightmare will continue as long as the nightmare is in the White House)
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