[CE2949BB]

The best reply I got to this post was that the UAW Pension Fund should spend about $7 billion of their own money to buy all of the stock.

Interesting idea.

Won't go, tho. Too much responsibility.

[Responsibility2nd]

The Union thugs are too smart to sink any of their own money into the Big 3.

But you raise an interesting question.

“Is Buying GM, Ford and Chrysler Stock a Good Investment?”

And that depends on if Obama and the Socialists are gonna bail them out. And if they do, will that raise their stock values out of the gutter?

[ml/nj]

Probably as good as buying Penn-Central. I forget. How'd that work out?

ML/NJ

[jamaksin]

YES

Only if US Government backs any liabilties - that is the tax payer (aka suckers)!

[jamaksin]

YES

Only if US Government backs any liabilties - that is the tax payer (aka suckers)!

[Leisler]

The union is dumb, but they are not Congress dumb.

[CharacterCounts]

Take a gamble and buy some today. If the bailout is approved, the stock will go up 100%. A bunch of people will tout this as evidence the bailout was a great idea. Sell the next day, because a year from now the stock will b worth less than today.

[tsmith130]

The best reply I got to this post was that the UAW Pension Fund should spend about $7 billion of their own money to buy all of the stock.

Nah...strikes wouldn't be any fun then.

[mountainlion]

How do you buy stock on line. A banker wanted $200 and said that I could buy it online for $7

[hinckley buzzard]

What a joke. If the UAW bought GM the first thing they would do is void all existing contracts with themselves.

[gotribe]

Why buy the stock? Last time I checked you could buy 2010 calls for about 50 cents a share. That is if you thought the stock would be at $10 in 2010. Ha!

[Secret Agent Man]

No. Not until they declare bankruptcy and are able to fix the real problem. Otherwise they are just going to piss away whatever bailout they get and be back for another, then a third, and another, etc.

[dr_who]

No.