Rumours of GM future

[Dave_au]

Originally Posted by MX837M-GE

As the share price plunges, the chances that Kirkoran (or whatever his name is - the billionaire investment guru that has been snaping up millions of shares in GM, now has 10% stake) will take the show over increase. With him in charge, I'd say that company could be put back on track very quickley indeed.

Your right about Kirkoran buying the shares, but your wrong about him being an investment guru - he's a corporate raider, and he doesn't always "raid" with the intention to keep a company as a going concern.