Old 07-02-2006, 04:44 PM
  #3  
fastball
A little chin music
 
fastball's Avatar
 
Join Date: Jun 2002
Location: Cleveland, Ohio - Rock 'n Roll capitol of the World
Posts: 2,655
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by jaje
kevorkian (pun intended) his company only want to cover up his billion dollar loss as they expected more effort on GM's part in the turnaround

Yes. He's looking out only for his own profits. Since he owns such a large chunk of GM stock, the slow turn to profitability on GM is making him eager to dump what he has to someone willing to pay for it.