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Message Boards Settings Goodyear Tire & Rubber (GT) - Quote Info
Evercore can sell my stock?      5-Nov-09 11:03 pm    
I am 2.5 years retired. Got a letter from Goodyear today about a change to the 401K.

If I understand this right, JP Morgan still has my money ( 100% stable value at the moment ) but GT has hired Evercore and given them the right to sell all 401k held stock if they think the short term survival of GT is in jeopardy. The letter also strongly suggested diversification of all investments, yada yada.

I Googled Evercore. They make a nice living advising people about corporate mergers.

I haven't posted here since I was an active employee. Why waste all this time with Keegan? Pay Fishman $19 million and he will take it bankrupt in 14 days or less. Guaranteed.

Is Stan Gault still alive?
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bob.hodo


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  Subject Author Rating Time of Post (ET)  
 
Evercore can sell my stock?
bob.hodo Not rated 5-Nov-09 11:03 pm  
 
I agree with you 100% I also think this CEO wants ...
afcisco149 Rate it 6-Nov-09 08:14 am  
 
That letter is very confusing. I wonder who will ...
tiresarefla... Rate it 6-Nov-09 12:19 pm  
 
That's exactly what it is, an effort to cover thei...
tiresarefla... Rate it 6-Nov-09 12:44 pm  
 
I would love to see a list of Evercore's clie...
tiresarefla... Rate it 6-Nov-09 12:52 pm  
 
It really brings into question the long term prosp...
tiresarefla... (1 Rating) 6-Nov-09 01:03 pm  
 
massive amounts of debt at high interest rate...
tn102205 Rate it 9-Nov-09 11:17 pm  
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Goodyear Tire & Rubber Co. (GT)

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