35 ordspråk av Toni Simonetti

Toni Simonetti

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Suffice it to say that the price of the stock is an important part of the equation.

There was some interest expressed on the part of multiple parties to invest in our commercial-mortgage business. We're in discussions with those parties, ... We are amenable to equity partners, but GMAC's intention is to maintain a significant equity interest in this business.

We are exploring how we would attain a separate rating for GMAC. We would probably look at and evaluate any and all options that would lead to that, ... Whether we would pursue those options, I don't know, but certainly we want to know what those options are.

A couple of weeks ago we announced we were proceeding with negotiations with News Corp. That is our priority, ... We are engaged in these negotiations with News Corp. and Sky Global Network. The company and our board of directors have an obligation to respond to the interests of all of our shareholders. As such, we would always consider any alternative.

We are finalizing the number of jobs cuts, ... There will be some, but not on the magnitude of those that we have already done.

We still expect to complete that repurchase by the end of the year,

We are finalizing the number of jobs cuts. There will be some, but not on the magnitude of those that we have already done.

We still expect to complete that repurchase by the end of the year.

A couple of weeks ago we announced we were proceeding with negotiations with News Corp. That is our priority. We are engaged in these negotiations with News Corp. and Sky Global Network. The company and our board of directors have an obligation to respond to the interests of all of our shareholders. As such, we would always consider any alternative.

There was some interest expressed on the part of multiple parties to invest in our commercial-mortgage business. We're in discussions with those parties. We are amenable to equity partners, but GMAC's intention is to maintain a significant equity interest in this business.

We are exploring how we would attain a separate rating for GMAC. We would probably look at and evaluate any and all options that would lead to that. Whether we would pursue those options, I don't know, but certainly we want to know what those options are.

General Motors believes it has adequate cash and liquidity to run the business and we have prudent capital planning strategies in place.

We said it would be about a month and it has been a month.

It?s the benefit guarantees plus other exposures.

That review is going on very intensively right now.

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