Barrons Dec. 8 2008 Letter to the editor
To the Editor:
Why bothyer bailing out the Big Three with a USD25billion loan? The Market capitalization of Ford and GM combined is now less than USD 6 billion . If only the Gov’ernment could launch a hostile take over for them, kick out the incompetent management, right-size their operations and sell them, we’d all be be3tter off.
- Tom Sevick, Lambertville, NJ
ie a controlling interest in GM and F at these prices would be chump change.. just need like a 35%stake… yeah gee wonder why they don’t do that????
