Ever Wonder Why?
Tuesday, April 29, 2008
Six large banks control roughly two thirds of the stock. minority stakeholders have no say ie. Kerkorian. exactly what is their "plan" and why is it such a secret? For some twenty years now the company has been in a state of decline as sales and market share continue to slide and assets are sold, divisions spun off, and long term debt increased. There must be a reason. No one is held accountable for failure, manufacturing is relocated to other continents, employees and dealers are culled, and some of the worst marketing in existence remains the norm.