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Thread: GM To Cut 14,700 Jobs And Close Plants In North America

  1. #1

    GM To Cut 14,700 Jobs And Close Plants In North America

    MAGA not going to be happy with GM. 5 GM plants in North America will be closed according to reports.
    Particularly bad timing for folks losing jobs, massive layoffs in recent past tend to take place just before Christmas holidays.

    11/26/2018 11:13 am ET
    GM To Cut 14,700 Jobs And Close Plants In North America

    A restructuring of the motor company will leave thousands of factory and white-collar workers out of a job.

    DETROIT (AP) —
    General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles.

    The reduction includes 8,100 white-collar workers, some of whom will take buyouts and others who will be laid off. Most of the affected factories build cars that won’t be sold in the U.S. after next year. They could close or they could get different vehicles to build. They will be part of contract talks with the United Auto Workers union next year.

    Plants without products include assembly plants in Detroit; Lordstown, Ohio; and Oshawa, Ontario. Also affected are transmission factories in Warren, Michigan, as well as Baltimore.

    https://www.huffingtonpost.com/entry...b0eb6d9311e852



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  3. #2
    It looks like the fix is in, won't be long until the only car you can buy will drive itself and be powered by batteries.

    And not too far down the road that's all you'll be allowed to use.
    "The Patriarch"

    Quote Originally Posted by Swordsmyth View Post

    Not going to happen.
    Quote Originally Posted by Schifference View Post
    The man did not think clearly. It was almost as if he had brain cancer of something.
    Quote Originally Posted by oyarde View Post
    I missed out on the dick pills , they any good ?

  4. #3
    Govt Motors does not need those 6600 workers to build cars they are not going to sell . They probably never needed those other office jobs in the first place .
    Do something Danke

  5. #4
    Quote Originally Posted by Origanalist View Post
    It looks like the fix is in, won't be long until the only car you can buy will drive itself and be powered by batteries.

    And not too far down the road that's all you'll be allowed to use.
    I don't know why so many people on here are against self driving cars. There were over 40,000 vehicular deaths last year in the US. Self driving cars will literally save tens of thousands of lives every year. Shipping costs will go down immensely. That will trickle down to every facet of the economy. I for one look forward to the day I can fall asleep in my car after watching TV and having a few drinks, and wake up at the grand canyon. I'll of course get a shower in my car before I go out. If I feel like exploring, I'll put my car in manual mode, as all vehicles will be mandated to have, and drive it myself.

  6. #5
    Government Motors suffers from what most of Corporate AmeriKa suffers from.

    They are not a car company with an office...they are an office company with some cars.
    Last edited by Anti Federalist; 11-26-2018 at 04:10 PM.

  7. #6
    They are cutting making sedans because people aren't buying nearly as many sedans. Trucks and SUVs are where the action is.
    Donald Trump: 'What you're seeing and what you're reading is not what's happening'

    "Truth isn't truth"- Rudy Giuliani

    "China has total respect for Donald Trump and for Donald Trump's very, very large brain," - Donald Trump.

    I am Zippy and I approve of this post. But you don't have to.

  8. #7
    Quote Originally Posted by Zippyjuan View Post
    They are cutting making sedans because people aren't buying nearly as many sedans. Trucks and SUVs are where the action is.
    Yup, thanks To Uncle Sucker.

  9. #8
    Quote Originally Posted by Zippyjuan View Post
    They are cutting making sedans because people aren't buying nearly as many sedans. Trucks and SUVs are where the action is.
    Quote Originally Posted by Anti Federalist View Post
    Yup, thanks To Uncle Sucker.
    Yes. This was going to happen whether there were tariffs or not. They are moving away from sedans. They are also transitioning to electric/alternative vehicles. As AF said, thanks to Uncle Sucker.



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  11. #9
    Quote Originally Posted by phill4paul View Post
    Yes. This was going to happen whether there were tariffs or not. They are moving away from sedans. They are also transitioning to electric/alternative vehicles. As AF said, thanks to Uncle Sucker.
    Tariffs on steel and aluminum to make cars with is not helping auto makers either. Trump has threatened tariffs on car parts as well. That will make them even more expensive to make here.

    https://www.forbes.com/sites/davidki.../#7c5737e36057

    General Motors said today it is ending production next year at five of its plants including its last remaining plant in Detroit and its Lordstown plant in Ohio. The reasons: they largely make sedans, which U.S. car buyers are increasingly rejecting in favor of SUVs; and Trump era tariffs are creating headwinds and higher costs for the automaker.

    Also on the chopping block is a parts plant in Maryland, a transmission plant in suburban Detroit, a Canadian plant in Oshawa Ontario and a plant in Korea. In all, GM is looking to cut 15% of its global workforce. All the moves are designed to save the company $6 billion in annual costs.

    That GM is looking to cut thousands of jobs at a time when the economy is performing well indicates a few realities of the global economy and the future of mobility. Ford, too, is expected to announce huge job cuts this week.
    -Higher costs, due in part to the Trump administration steel tariffs, have already cost GM $1 billion, and those costs will persist and rise as long as they are in place.
    Last edited by Zippyjuan; 11-26-2018 at 02:14 PM.
    Donald Trump: 'What you're seeing and what you're reading is not what's happening'

    "Truth isn't truth"- Rudy Giuliani

    "China has total respect for Donald Trump and for Donald Trump's very, very large brain," - Donald Trump.

    I am Zippy and I approve of this post. But you don't have to.

  12. #10
    Quote Originally Posted by Grandmastersexsay View Post
    I don't know why so many people on here are against self driving cars. There were over 40,000 vehicular deaths last year in the US. Self driving cars will literally save tens of thousands of lives every year. Shipping costs will go down immensely. That will trickle down to every facet of the economy. I for one look forward to the day I can fall asleep in my car after watching TV and having a few drinks, and wake up at the grand canyon. I'll of course get a shower in my car before I go out. If I feel like exploring, I'll put my car in manual mode, as all vehicles will be mandated to have, and drive it myself.
    It sounds great until the software glitches kill you or the government uses a backdoor to take control of your vehicle.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  13. #11
    Quote Originally Posted by Zippyjuan View Post
    Tariffs on steel and aluminum to make cars with is not helping auto makers either. Trump has threatened tariffs on car parts as well. That will make them even more expensive to make here.

    https://www.forbes.com/sites/davidki.../#7c5737e36057
    The beneficiaries of ChiCom welfare don't like being cut off?
    Color me shocked, the rest of us care about Americans.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  14. #12
    Quote Originally Posted by Swordsmyth View Post
    It sounds great until the software glitches kill you or the government uses a backdoor to take control of your vehicle.
    Something tells me, the folks who welcome the self driving cars, have never tried to drive in snow and ice. Imagine one of those things, trying to drive through that stuff.

  15. #13
    Quote Originally Posted by Swordsmyth View Post
    It sounds great until the software glitches kill you or the government uses a backdoor to take control of your vehicle.
    Or shut off your car for being late on your water bill.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

  16. #14
    Trump threatens GM over Ohio plans: 'They better damn well open a new plant there'


    • President Donald Trump tears into General Motors for its newly announced plan to halt production at multiple plants in the U.S. and Canada, telling reporters that he warned GM CEO Mary Barra that her company was "playing around with the wrong person."
    • Trump told The Wall Street Journal that he told Barra on Sunday night that GM should stop making cars in China and open a new plant in Ohio, saying, "They better damn well open a new plant there very quickly."
    • GM's plan to cease operations at plants in Ohio, Michigan, Maryland and Ontario by next year — and to cut back production at two other plants, as well — will cost up to $3.8 billion and shrink the Detroit-based car maker by more than 14,000 jobs, or about 15 percent of its total workforce.


    Kevin Breuninger
    Published 28 Mins Ago
    https://www.cnbc.com/2018/11/26/trum...new-plant.html

  17. #15
    Quote Originally Posted by DamianTV View Post
    Or shut off your car for being late on your water bill.
    Lock you in and drive you straight to jail once your traffic ticket or child support is overdue .
    Do something Danke

  18. #16
    Quote Originally Posted by Anti Federalist View Post
    Government Motors suffers from what most of Corporate AmeriKa suffers from.

    They are not a car company with an office...they are an a office company with some cars.
    44 percent of the jobs mentioned make the cars . The rest is fat . So since this is said to be 15 percent of the workforce of govt motors then we must believe that 55 percent of the remaining 85 percent is fat also .
    Do something Danke



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  20. #17
    Thank your master, the D&R party. You're going wherever the gov controlled robo car sends you to (FEMA Camp?). Enjoy.
    DACA S**thole Dreamers - Make America Great Again?

  21. #18
    Quote Originally Posted by oyarde View Post
    Lock you in and drive you straight to jail once your traffic ticket or child support is overdue .
    Exactly. Well, it goes a bit further.

    Since all routes will be reported before you plan on going, you know, elimination of Driving and replacing with Self Driving Vehicles, you'll have to tell the car where you want to go. "Take me to a $#@!ty job that doesnt pay enough to pay the bills" will get you right where you want to go. But "take me to the Liquor Store" will tell you NO, because you are late on your Netflix / Hulu / Pornhub bill. The future will Subjectively Discriminate against your destinations in Real Time.

    And, as usual, the Elite will live in Surveillance Shadows, fully EXEMPT from any measure of balance with society.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

  22. #19
    Quote Originally Posted by Grandmastersexsay View Post
    I don't know why so many people on here are against self driving cars. There were over 40,000 vehicular deaths last year in the US. Self driving cars will literally save tens of thousands of lives every year. Shipping costs will go down immensely. That will trickle down to every facet of the economy. I for one look forward to the day I can fall asleep in my car after watching TV and having a few drinks, and wake up at the grand canyon. I'll of course get a shower in my car before I go out. If I feel like exploring, I'll put my car in manual mode, as all vehicles will be mandated to have, and drive it myself.
    I hardly know where to start with this. You will NOT fall asleep in your car after having ANY drinks. You will be monitored the whole time you're in it. Say goodby to privacy.

    I'm sorry Mr. Smith, but our system indicates you have consumed 12 fluid ounces of a alcoholic beverage and our records indicate the purchase. You cannot access the vehicle until you pass the standard equipment breathalizer.
    You'll be trading some convienence and supposed safety for absolute control. Good grief, have you been any attention to what's going on?
    "The Patriarch"

    Quote Originally Posted by Swordsmyth View Post

    Not going to happen.
    Quote Originally Posted by Schifference View Post
    The man did not think clearly. It was almost as if he had brain cancer of something.
    Quote Originally Posted by oyarde View Post
    I missed out on the dick pills , they any good ?

  23. #20
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  24. #21
    Quote Originally Posted by Grandmastersexsay View Post
    I don't know why so many people on here are against self driving cars. There were over 40,000 vehicular deaths last year in the US. Self driving cars will literally save tens of thousands of lives every year. Shipping costs will go down immensely. That will trickle down to every facet of the economy. I for one look forward to the day I can fall asleep in my car after watching TV and having a few drinks, and wake up at the grand canyon. I'll of course get a shower in my car before I go out. If I feel like exploring, I'll put my car in manual mode, as all vehicles will be mandated to have, and drive it myself.
    I'm opposed to it because what you just related is a fantasy, and will never happen.

    You'll get self driving cars all right. And they will drive at a sclerotic pace, hobbled by safety restraints, mileage restrictions and top speeds that will make a horse and buggy seem fast. And you will required to maintain a state of cat like readiness monitoring the machine at all times, so sleeping, drinking, sex and all that other nonsense is right out.

    Every mile you log will be recorded, when they lock down whole towns and cities for everything from a snowstorm to terrorists, you will be shut down as well.

  25. #22
    Quote Originally Posted by Dr.3D View Post
    Something tells me, the folks who welcome the self driving cars, have never tried to drive in snow and ice. Imagine one of those things, trying to drive through that stuff.
    UNSAFE DRIVING CONDITIONS DETECTED

    VEHICLE IS NOW SHUTTING DOWN

    The ever $#@!ing computer cars already do that to you.

    Had some early snow here, and a buddy of mine was bitching that, to get out of a slick drift he had to turn off the traction control, and then the system announced "AWD OVERLOAD CONDITION DETECTED!" and put him in a 5 mph "get home" mode that had to be cleared by the dealer.

    This was a 2018 Mercedes Benz SUV of some sort he's got.

  26. #23
    Quote Originally Posted by Origanalist View Post
    You'll be trading some convienence and supposed safety for absolute control. Good grief, have you been any attention to what's going on?
    No, they haven't, obviously.

  27. #24
    Quote Originally Posted by Zippyjuan View Post
    Tariffs on steel and aluminum to make cars with is not helping auto makers either. Trump has threatened tariffs on car parts as well. That will make them even more expensive to make here.

    https://www.forbes.com/sites/davidki.../#7c5737e36057
    That's the spin. I've already outlined why the jobs are being cut.



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  29. #25
    Quote Originally Posted by Grandmastersexsay View Post
    I don't know why so many people on here are against self driving cars. There were over 40,000 vehicular deaths last year in the US. Self driving cars will literally save tens of thousands of lives every year. Shipping costs will go down immensely. That will trickle down to every facet of the economy. I for one look forward to the day I can fall asleep in my car after watching TV and having a few drinks, and wake up at the grand canyon. I'll of course get a shower in my car before I go out. If I feel like exploring, I'll put my car in manual mode, as all vehicles will be mandated to have, and drive it myself.
    What makes you think all the idiots won't use "manual mode" too?

    Is complex thought difficult for you?

    Let me help, it's really quite simple;

    Everything government gets involved in it $#@!s up...

    Got it?

  30. #26
    Quote Originally Posted by tod evans View Post
    What makes you think all the idiots won't use "manual mode" too?

    Is complex thought difficult for you?

    Let me help, it's really quite simple;

    Everything government gets involved in it $#@!s up...

    Got it?
    I sometimes wonder if they $#@! things up on purpose because there is more money to be made on getting $#@! fixed badly than doing it right the first time...

    Image two companies both come up with a new product. Lets call it a Widget. The Widget is fictional, so it doesnt really matter what it is, but lets say its servicable. The first company makes a reliable product that does not break. The second one makes a piece of $#@!. Both companies charge the same for almost identical products. Both companies also make a little bit of a profit by selling service parts. The company that builds the piece of $#@! ends up being more profitable based solely on their $#@!ty version of the product needing to be serviced more frequently than the reliable widget.

    Govt should have an incentive to spend as little as possible, but we know also the best business to be in is the Business of Govt. People get elected that get laws passed that prevent competition for the companies owned by the people elected to office. Thus, those same elected people have a financial incentive to provide $#@!ty service.

    Not sure if that theory works in practical application, but yes, everything govt touches ends up being worse than the original problem.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

  31. #27
    The Genie Between You and Acceleration

    https://www.ericpetersautos.com/2018...-acceleration/

    By eric - November 23, 2018

    When we were kids, we were told to wish for things. Imagine it, pray for it – and it might be so. At the genie’s whim, of course.

    New cars work a lot like that. You have very little physical control over its workings.

    Instead you have wireless control.

    Which really means: The computer controls the workings of your car.

    For example, “drive by wire,” which almost all new cars have and most cars made during the past five years or so, too. Instead of a physical cable connecting the gas pedal to the throttle, it’s all done electronically – by wire.

    Actually, by sensors.

    You push down on the gas pedal and the system uses these sensors to register the depression of the pedal and the computer signals the throttle to open to the appropriate degree.

    This is done for several reasons, among them packaging. During the car’s assembly, it is easier to just plug things in rather than have to manually install and adjust a cable. No need to feed a cable through the firewall, then hook one end to a throttle arm and the other end to the gas pedal.

    It also eliminates production variances; the possibility of one car’s accelerator pedal feel having slightly different feel than another identical car – same year/model/make – because the throttle tension of car “a” was adjusted a bit looser or a bit tighter than the cable of car “b” right behind it on the assembly line.

    The car manufacturers operate on the same principle as McDonald’s. A Bic Mac ought to taste exactly the same, whether you’re eating one at a restaurant in New York – or LA.

    The downside – when it comes to drive by wire – is you’ve just made a simple thing very complex – and also something that can’t easily be fixed by the side of the road (unlike a snapped throttle cable).

    Also, the drivetrain is now much less under your control. The computer decides how much throttle will be allowed and can (and does) back off or even shut off the throttle, for various reasons, none of which you get any say in.

    Or the other thing (wait).

    It also takes time – perhaps only fractions of a second – for the computer to interpret data and then trigger a response to it. This is why some new cars are afflicted by a kind of turbo lag, except it’s not caused by the turbo. You floor the gas and – for a noticeable fraction of a moment – nothing happens. It is during this fraction of a moment that the computer is deciding how much to open the throttle and then commanding it to do so.

    A physical throttle cable delivers instant response (assuming no actual turbo lag). You are in full control of how much the throttle opens – and when.

    Problems are also easy to identify – and cheap to fix. The cable is either connected and tensioned correctly or not. You can see (and feel) it. If you need to replace it, all you need is a cable – and even stealerships can only charge so much for a cable.

    Or, make one. Rig one. See earlier point about by-the-side-of-the-road repairs. Very doable with a cable.

    With drive-by-wire, you’re dealing with inscrutable (and several) electronic components, all of which require special tools and abilities to deal with, can’t be rigged or made and which you will pay the stealership a pile of money to replace, if that needs to be done. Meanwhile, you are stuck by the side of the road.

    Or, worse.

    With drive-by-wire, there is also the possibility of run-away acceleration, accidentally and intentionally – though not by you. The computer decides to “floor it” (the pedal no longer needs to be actually floored) and off you go.

    Or, a hacker tells the computer to floor it – and off you go.

    This has happened – and when it does, there is very little you can do, precisely because there is no longer any physical connection between the gas pedal and the throttle, now entirely under the control of the computer (or whomever controls the computer).

    This is a vulnerability physical cables aren’t vulnerable to. If the cable gets stuck, you could reach down and pull the gas pedal back up – and get the racing engine under control.

    Or, take the transmission out of gear – and switch the ignition off – and coast to the side of the road.

    But many new cars also have drive-by-wire transmission control. When you move the selector from Park to Drive, you are triggering sensors which feed data to a computer, which sends the appropriate signal, causing actuators to actuate and gears to be engaged.

    If the data is correct and the computer isn’t having a conniption fit. If it is . . . it may not shift out of Park no matter how earnestly you rotate the dial or tap the toggle.

    The computer is programmed to do what it thinks best – not do as it’s told by you. In a car with a physical (cable/rods) gear selector system, you and only you control what range the transmission is in.

    With drive-by-wire gear selection, the computer overrides you.

    A drive-by-wire transmission can also be hacked – unless it’s a manual; that’s your failsafe. But manual transmissions are getting harder and harder to find in new cars. Whole categories of vehicle (1500 series trucks, almost all mid-size and all full-size sedans) are automatic-only.

    They are also working on drive-by-wire steering. And brakes. Total physical separation of the driver from the controls. De facto computer control over the entire car.

    There is of course the ignition key – to just turn the engine off.

    Well, there was.

    Almost all 2019 cars come with keyless ignition – which is effectively drive-by-wire ignition. Sensors register a button being pushed and the computer tells the starter motor to turn the engine on.

    Or off.

    Or, not.

    Unlike a keyed ignition, which gives you absolute physical control over whether the engine is on or off, keyless ignition (the computer which controls it) may decide not to turn off the engine, even if you are frantically pressing the button – perhaps because the throttle is running amok and the car is speeding out of control.

    This can – and does – happen. I know because I’ve tested it out on dozens of brand-new keyless ignition cars.

    Sometimes the engine will obediently shut off. But sometimes, not. Sometimes there is a delay while the computer masticates over what to do. In an emergency situation – one in which seconds matter – that could be decisive.

    And not in your favor.

    Keyless ignition is part of the burgeoning world of automated driving. And like everything else that’s controlled by the computer – a computer accessible to others not in the car via such things as “vehicle to vehicle” (V2V) interconnectedness – has a mind of its own. And that mind can be hacked.

    Hunter Thompson used to say, buy the ticket – take the ride. Indeed. But in this case, the ticket’s been purchased for us – without our even really being aware of it – and the stub quietly placed in our pockets.

    The ride comes next.

  32. #28
    $#@!. A. Bunch. Of. Computer. Death. Cars.

    ---

    Related:

    General Motors And General Electric Were Both Victimized By The Same Ponzi Scheme, And They Are Both Telling Us The U.S. Economy Is In HUGE Trouble
    http://theeconomiccollapseblog.com/a...n-huge-trouble

    Im not even gonna bother to quote the article, unless, someone actually reads it! Tell me if you do, please...
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

  33. #29
    13 states where you can't buy a Tesla.

    Americans suck at business management. The US car companies deserve to die and be replaced by the foreign ones that treat workers as sources of ideas instead of noisy robots.
    In New Zealand:
    The Coastguard is a Charity
    Air Traffic Control is a private company run on user fees
    The DMV is a private non-profit
    Rescue helicopters and ambulances are operated by charities and are plastered with corporate logos
    The agriculture industry has zero subsidies
    5% of the national vote, gets you 5 seats in Parliament
    A tax return has 4 fields
    Business licenses aren't even a thing nor are capital gains taxes
    Constitutional right to refuse any type of medical care

  34. #30
    Quote Originally Posted by DamianTV View Post
    $#@!. A. Bunch. Of. Computer. Death. Cars.

    ---

    Related:

    General Motors And General Electric Were Both Victimized By The Same Ponzi Scheme, And They Are Both Telling Us The U.S. Economy Is In HUGE Trouble
    http://theeconomiccollapseblog.com/a...n-huge-trouble

    Im not even gonna bother to quote the article, unless, someone actually reads it! Tell me if you do, please...
    I believe the author makes a good point. Those billions could have gone into R&D, legislative push back on Gov. regulations hobbling the industry and pushing the price of their products through the roof to the point that the average Joe isn't going to take the plunge on a crappy product. In the end worthless stock bought back at exhorbitant prices is a good way to kill your business. But, hey, I bet the C.E.Os, C.B.Os and all the other A-HOs made a little off their stock options while the getting was good.

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