- Feb 6, 2007
- near the mistake
GM & Chrysler & the UAW are now corporate criminals as they use the US treasury to usurp US Federal Bankruptcy laws and steal the bondholders equity and give it to the UAW. If a private firm tried this they would be prosecuted by the Justice Dapartment under the RICO statuates. I will never again buy a GM or Chrysler product. There is a substitute school teacher in Florida who invested $70,000.00 in GM bonds and was offered stock worth $280.00 for her share.