Free Republic

General Motors Co.'s recent stock offering was staged to start paying back the government for its $50 billion bailout, but one group made out much better than the taxpayers or other investors: the company's union. Thanks to a generous share of GM stock obtained in the company's 2009 bankruptcy settlement, the United Auto Workers is well on its way to recouping the billions of dollars GM owed it — putting it far ahead of taxpayers who have recouped only about 30 percent of their investment and further still ahead of investors in the old GM who have received nothing. The...

nvestors should steer clear of GM's IPO due to auditing problems, says Francine McKenna, re: The Auditors

After 84 years, General Motors officially says goodbye forever today to Pontiac. No more Bonnevilles. No more Firebird Trans Ams. No more GTOs.