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Old 12-03-2008, 04:01 AM   #21 (permalink)
Ebinesos
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Anyone following the developments?

I heard one of my friends bought stock in gm while the price was falling "because it will go back up, right?" right now he's down more than he expected or could really afford to lose.

So they take pay cuts to $1... how much could that really help? in an industry needing billions (!?) he'll save them a few thousand.
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