Article

2009-12-31 Economy

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Posted by Fred 2009-12-31 00:00|| || Front Page|| [11124 views ] Top

#1 Remainds me of my childhood (I lived in Soviet U. until 13).

Posted by g(r)omgoru 2009-12-31 04:59|| 2009-12-31 04:59|| Front Page Top

Posted by Snereng Trotsky4732 2009-12-31 07:55|| 2009-12-31 07:55|| Front Page Top

#3 Treasury will provide $3.8 billion to the auto lender, which has struggled to raise private funds.

Hmm. You don't think that large, institutional investors might be a tad skittish about Government Motors after having seen other large, institutional investors get hosed in the bankruptcy proceedings might have something to do with that?

Naaaaaah.

Posted by Cornsilk Blondie 2009-12-31 08:08|| 2009-12-31 08:08|| Front Page Top

#4 large, institutional investors might be a tad skittish

They might be, but the investment managers will buy anyway, once they receive the 'right' personal compensation. Now the small, individual investors...we aren't buying. And we aren't putting as much in the hands of the large institutions either.

Posted by Glenmore 2009-12-31 09:25|| 2009-12-31 09:25|| Front Page Top

#5 For short term electoral gain the state has replaced capitalism with creditalism and markets with cronyism.

This is simple corruption.

Posted by Bright Pebbles 2009-12-31 10:17|| 2009-12-31 10:17|| Front Page Top

#6 Two strikes, one more and they're OUT.
I see hordes of potential buyers refusing GMAC financing, go with your home bank, not Government Motors. (Anybody else remember Al Capps "General Bullmoose Motors"?
"What's good for General Bullmoose, is good for the USA")

Posted by Redneck Jim 2009-12-31 14:32|| 2009-12-31 14:32|| Front Page Top

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