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Here's what Cara had to say:

http://www.billcara.com/archives/2006/12/week_48_20061202_in_review_ini.html#more

Some of those experts were probably caught out by Kirk Kerkorian who neatly skimmed about $100 million from Wall Street's GM table this year.

He carefully staged his sales, and now the pros are left wondering if any other suitor can be rounded up. I doubt it, and I never believed that Kerkorian would be successful either, or that he didn't think he wouldn't make money with his short-term play for this company.


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