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GM CEO Buys $1.5 M ~ Stock

1306 Views 7 Replies 6 Participants Last post by FUZZY, Mar 24, 2005

Marc NY

Discussion Starter · Mar 23, 2005

-The Detroit News

General Motors Corp. CEO Rick Wagoner bought $1.5 million of GM shares Monday in what he described as a vote of confidence in the struggling automaker.

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beer100

· #6 · Mar 24, 2005

30 and out...

What gets me here is that the union folk voted in a 30 and out rule 20+ years ago

30 and out? I'm assuming the "out" was retirement under a pension that provided what was considered acceptable income.

What's different now?

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