Abandon Ship!

Discussion in 'The Back Room' started by BuckeyeT, May 12, 2009.

  1. BuckeyeT

    BuckeyeT Well-Known Member

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    I don't remember this being taught in any of my leadership courses.....it will no doubt serve to inspire loyalty amongst the workers.....great message to the troops.

    http://www.reuters.com/article/marketsNews/idINN1231206820090512?rpc=44
     
  2. Terry O'Keefe

    Terry O'Keefe Well-Known Member Administrator

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    6 guys selling 300K in Stock, that doesn't seem like a lot of stock for 6 executives in a huge company like GM.
     
  3. BuckeyeT

    BuckeyeT Well-Known Member

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    Huge in name and operating deficits only.....now quite small by size of equity market capitalization......stock is barely selling for $1/share. But your point is a good one, it still represented only 300 thousand shares or so between 6 execs.....a miniscule stake to be sure for an executive managment team in a DJIA company.
     
  4. Terry O'Keefe

    Terry O'Keefe Well-Known Member Administrator

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    GM stock up 30% to 1.30. Those execs should've waited another few days! :)
     
  5. George Krebs

    George Krebs Well-Known Member

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    Only a true weasel would haved done what those six scalawags did yesterday. How did four such weaklings ascend to the throne?