Thinking of investing in GM?
This is a bit telling. GM's Salaried worker pension plan is overfunded and the Hourly is significantly underfunded (only 64%).
Of course... taxpayers will have to pickup the slack.
GM executives... Top Management are a sad bunch. The sad part is they could care less... they are just numbers on a book that they hope will go away. But it really represents people with modest incomes trying to buy groceries and pay their heating bill. They have no shame!
PBGC, GM Leaders Negotiate Over Auto Maker's Pension Data
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Planned FIRE Summer 2011
Disclaimer: I make no warranty or guarantee about the accuracy or completeness of this information. I am not a financial planner, my comments only represent my opinion.
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