On Wed, 29 Apr 2009 16:26 -0500, "Tom Hargrave" <tharg...@hiwaay.net> wrote:

> UAW will have 55%, FIAT will start with less than 20% but will
> eventually hold 35%, The lien holders have agreed to walk away from
> 6.9B in debt with 2B in cash in hand, The Government will hold a stake
> (probably 10%)

OK so:

   55% UAW
   35% FIAT
   10% Big Brother
  ----
  100%

So what happens to the current shareholders?  Their shares just
"evaporate" ?


Allan

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