a headline from the new york times op-ed. just another classic nonanswer from the romney campaign. the new york times did pick the title of the op-ed, but romney wrote if the auto companies get a loan, quote, you can kiss the american automotive industry good-bye. the substance is all the same. romney did not want to help detroit with a loan. he has made that very clear more than once. there s no question that if you just write a check that you re going to see the companies go out of business ultimately. you said if general motors, ford and chrysler get the bail out that the chief executives ask for yesterday you can kiss it good-bye. that s exactly right. if you write a check they re going to go out of business. his response wasn t much better. david, i ve not seen the ad. i ve just heard it. apparently not running it in virginia. i ve not seen the ad. he s not seen the ad. he doesn t know anything. apparently one of the highest ranking members of congress isn t paying
times op-ed. yes, just another classic nonanswer from the romney campaign. the new york times did pick the title of the romney op-ed but romney wrote, if the auto companies get a loan, quote, you can kiss the american automotive industry good-bye. the substance is all the same. romney did not want to help detroit with a loan. that s very clear more than once. you re going to see these companies go out of business ultimately. you said, quote, if joan motors gets the bailout that their chief executives asked for yesterday, you can kiss the automobile industry good-bye. that s right. if you write them a check, they are going to go out of business. meanwhile, eric cantor was asked about the lies and his response wasn t much better. i have not seen the ad. i have heard it. they are apparently not running it in virginia so i m not seeing the ad. he s not seeing the ad.
that governor romney says let detroit go bankrupt when that s a headline from the new york times op-ed. just another classic nonanswer from the romney campaign. the new york times did pick the title of the op-ed, but romney wrote if the auto companies get a loan, quote, you can kiss the american automotive industry good-bye. the substance is all the same. romney did not want to help detroit with a loan. he has made that very clear more than once. there s no question that if you just write a check that you re going to see the companies go out of business ultimately. you said if general motors, ford and chrysler get the bail out that the chief executives ask for yesterday you can kiss it good-bye. that s exactly right. if you write a check they re going to go out of business. his response wasn t much better. david, i ve not seen the ad. i ve just heard it.
there. it was like the dream we worked for was gone. according to the treasury department the bailout created 115,000 jobs. according to treasury. regardless, the ad is only the latest in a very convoluted message of ads from romney over the years on the auto bailout. in 2008 he wrote an editorial under the headline let detroit go bankrupt. he wrote then if general motors, ford, and chrysler get the bailout they asked for yesterday, you can kiss the american automotive industry good-bye. it won t go overnight, but its demise will be virtually guaranteed. that s future telling there. that was wrong of course. and earlier this year he had a different response. he took credit for the auto bailout. let s watch him this time. my own view was that the auto companies needed to go through bankruptcy before government help. and frankly that s finally what the president did. i pushed the idea of a managed
people who will buy it before it goes public. high net worth retail investors, you know, relatively rich people who trade often. and then there s everybody else, the average joe retail investor. that s likely most of you out there. starting with ned i want to go one at a time. ned, good to see you, my friend. we ll talk later about whether one should or shouldn t buy this. what do you think a retail investor who gets on to their trading platform at 9:00 on friday will be likely to pay for facebook when it opens? you know, you said $90 a share, i said a 50% premium. this is one of those situations where it depends on how much stock is shorted by the way, craig, i want to congratulate you. this is incredible. you must be waiting for next friday. as a retail investor i wouldn t approach the stock on friday or the next monday, tuesday, or wednesday. i wouldn t go near it. would not go near it. so you think 50 bucks, somebody gets it for? a 50% premium? 50, 60, you re talk