Experts: Kerkorian may take control of GM-(then give it to the French control, how poetic)

ap ^ | 6/5/06 | TOM KRISHER, Associated Press Writer

[Flavius]

so grand old GM, would be funded by gambler, ran by adopted frenchman

nothing says good quality like renault, nissan, and gm...

guess the three musketeers can go all go down together

[Numbers Guy]

Then they'll surrender to Daimler-Benz-Chrysler.

[Flavius]

yes it can really goo, no really, i know it does not look like it can but it really can go, kangoo i say

[Flavius]

oh thats hilarious

[aynrandfreak]

Who would want to acquire their pension problem?

[stephenjohnbanker]

Goodbye GM.

[stephenjohnbanker]

They will BK out of it.

[bybybill]

GM has to stay American owned. I`ll buy `em, wonder if they will take my check?

[Flavius]

whatever the way there is to dump that program it will be found

maybe all gm workers get onto french welfare program

that would be tres bien

[stephenjohnbanker]

GMAC takes everyone ELSES : )

[stephenjohnbanker]

mai oui!

[DrDavid]

The French government!? They pay a lot of French people for not working already, a few several tens of thousands of Americans would just be drop in the bucket. Although an unemployed American might be more expensive than an unemployed French man.

[Flavius]

nuh, just ship them into mexico, they have plenty of places open cause all of their population moved to southern usa and beyond

[Mike Darancette]

Kerkorian's Tracinda Corp. owns 9.9 percent of GM's shares. If Renault SA of France and Nissan Motor Co. of Japan each buy stakes of up to 10 percent, they collectively would be the largest shareholder and could have their way with the icon of American industry, analysts said on Wednesday.

If I bought 60% of GM I could own it too.

[LasVegasMac]

The thought of this makes me sick.

No one to blame but us.

[ConservativeMind]

Frankly, this would probably be good for GM.

The once-largest company needs the enema.

[Semi Civil Servant]

Kirk Kerkorian?

Jack Kevorkian might be a better candidate at this point in GM's swoon.

[SteveMcKing]

Someday, perhaps soon, someone will get the idea of:

a) building cars that people want to buy, AND

b) doing it with a sound business model

Guilting us with "buy American" just isn't working (*sob*). Until then, they can all suck their thumbs and die for all I care.

[nicollo]

Remember the Renault "Alliance"? It was a bastard product of Renault's 5% stake in AMC in 1979 (and a true bastard at that...). Renault execs ran the company, and by '83 AMC was a majority owner. Btw, a core motivation for the Renault investment was U.S. government restrictions on "American" content on auto sales, designed to protect labor.

Didn't end happily for AMC. After a bizarre series of events, from U.S. security concerns over Army contracts to the assassination of the Renault Chairman by whacked, commie terrorists, Renault soldout to Chrylser in 1987.

But things might be different now: Ghosn is for real. And ambitious.