The dream is — according to the Wall Street Journal anyway — dead. The Journal's reporting that the man with the plan's sold not just half of his stock in the General as we reported earlier — but all of his stock in the biggest n' baddest automaker in the world. KirkKerk has left the building, and with him — all hope? No wait, what's that we hear — they've also finalized the GMAC sale? Hope may spring...you know...a little bit, or something.
Activist Kerkorian Moves To Unload Entire GM Stake (sub. req.) [WSJ]
Breaking! Kerkorian Goes On A Selling Spree, Cuts Stake In GM Stock By Half [internal]