why that was nice

[faulkton 5,000+ posts]

jmac i think you are gonna get flipped.

 

[Flipx99 5,000+ posts]

Okay, so if Ford votes one way and the other 66.6 percent of shareholders vote the other way, how does Ford own a controlling interest ? They don't ...
The only way Ford owns a controlling interest is if half (or more) of that 66.6% doesn't vote which neither of us know to be the case ...

The US stock market doesn't work like that due to fragmenation of ownership.

More people vote in presidential elections than on proxy ballots. It's just like how a person can be President of the United States with less than 50% of the popular vote (not including electoral college nonsense)....because some questions are not exactly yes/no questions.

Also, there are also sphere's of influence...as funds that own ford may also own Mazda and they obviously wouldn't vote to oppose Ford.

And here's more:

In practice, though, controlling interest can be far less than that, as it is rare that 100% of a company's voting shareholders actively vote.

In addition, a company that requires a 2/3 super-majority of shares to vote in favor of a motion, can grant, in effect, veto power to a minority shareholder or block of shareholders that own essentially 1/3 of the shares. Thus in some cases, a single entity can essentially maintain control, with only 33.4% of the outstanding shares. Ford Motor Company's ownership of 33.4% of Mazda is an example of a controlling interest with minority shareholding.

You can actually determine proxy voting data if you are a shareholder or you pay for it. I neither own shares, nor am willing to pay....

 

[Flipx99 5,000+ posts]

i should go to bed.

I will after Jmac's response. I actually anticpate it.

 

[IgnoreMe 5,000+ posts]

jmac i think you are gonna get flipped.

lol.

flipped doesnt work nearly as well as faulked

 

[faulkton 5,000+ posts]

lol.
flipped doesnt work nearly as well as faulked

yeah well i knew that econ was flips specialty.

 

[Flipx99 5,000+ posts]

We shall see.

Jmac isn't exactly some jackass that makes comments without thought.

 

[faulkton 5,000+ posts]

i cant wait anymore.

I am going to go watch hardball.

Tom delay is on tonight.

 

[Flipx99 5,000+ posts]

i cant wait anymore.
I am going to go watch hardball.

Tom delay is on tonight.

Chris Mattews for the tie...

 

[azimuth 5,000+ posts]

And there in lies their problem.

Being 29 Ford has few vehicles I like, Mustang, F-series and their SUVs and GM has their trucks and SUV's but after that ther is 0. I do not want a Taurus or fvcking Fusion. While they are good cars their styling(and stigma of owning a Taurus)leave a lot to be desired.

Ford should be able to come up with something like a G35-G37, BMW 3-5 Series and Mercedes C-E class but they refuse to do so. Knowing that is what most successful people in the ages 25-40 want or buy.

most of those successful people won't be as concerned about image at 50. there is a huge market for the 40-75 and the 16-25 age group that bmw and mercedes don't produce for. 40 and up aren't as concerned about image and 16-25 can't afford image. it's pretty good marketing.

 

[Flipx99 5,000+ posts]

He gets 2 more minutes and I am going to read. I will rebut in the AM.

 

[IamDeMan 5,000+ posts]

lol.
flipped doesnt work nearly as well as faulked

Its not even close. Faulked has the inuendo going for it

 

[Flipx99 5,000+ posts]

I guess since there was no reply, I defeated Jmac!

 

[iceteebone 5,000+ posts]

I drive a 94 Saturn. It has taken me everywhere I needed to go and I don't owe anything on it. When I turn around and sell it a few years from now, I won't nearly loose as much money as if I bought a new one.

 

[Flipx99 5,000+ posts]

I thought you drove a Bonneville

 

[iceteebone 5,000+ posts]

I thought you drove a Bonneville

I sold it and got the Saturn because I needed better gas milage. I paid $1500 for the Bonneville, drove it 2 years and never had to make any repairs to it, sold it for $1350 so I only took a $150 loss. The car drove me to Florida and back, and Minnesota and back twice, so that was worth a $150 loss. I then bought the Saturn for $1200.