THE LONG ROAD TO THE ALTER
Wither GM?
It has to be a good sign, for those looking for the next corporate saga to write about, that Steve Girsky has been hired by ... the UAW!
I better do a check-in:
"Dear Cramer of Cramerica,
I'm concerned that the free-markets press, the President called Bush, and a _few_ of your demise-seeking hedge-fund buddies may pull the rug out from under GM.
Frankly, I do not care whether GM supplies cars or not, but I am concerned about the impact of shuttering a huge firm will have in an already weak financial market and economic outlook.
So, how should I hedge the "GM risk" in my portfolio?
Thanks,
BooYaa Brotherhood"
Monday, November 3, 2008
The Drama Begins Anew
Posted by Amicus at 11:00 AM
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