General Motors sues to recoup misused worker discounts - ModernCamaro.com - 5th Generation Camaro Enthusiasts
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post #1 of 7 Old 08-29-2008, 11:40 PM Thread Starter
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General Motors sues to recoup misused worker discounts

Turns out GM's employee discount isn't for everyone. The automaker says that improper use of the program cost it $450K.

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post #2 of 7 Old 08-30-2008, 11:28 AM
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The article said
Quote:
Several retirees and lawyers said the lawsuits are an attempt to raise cash by a financially troubled company that lost $15.5 billion during the second quarter and provide insight into an unconventional way GM is trying to recoup revenue amid the slowest sales climate in more than a decade.
These people are crazy if this is the way GM is trying to recoup revenue 450k isn't going to help much
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post #3 of 7 Old 08-30-2008, 12:51 PM
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The article saidThese people are crazy if this is the way GM is trying to recoup revenue 450k isn't going to help much
I was Thinking that also 450k Compared to 15Billion Is like Chump change,How would 450k Help them out?

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post #4 of 7 Old 08-30-2008, 12:53 PM
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This hit the news a while back, not sure what became of it.

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post #5 of 7 Old 08-30-2008, 01:38 PM
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Quote:
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I was Thinking that also 450k Compared to 15Billion Is like Chump change,How would 450k Help them out?
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post #6 of 7 Old 08-30-2008, 08:23 PM
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It might give employees a good holiday bonus if that
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post #7 of 7 Old 08-31-2008, 12:03 AM
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Oh come on GM. It's your birthday.

Don't get mad. Get Glad.

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