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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: TH who wrote (102853)4/29/2009 12:28:44 PM
From: Stoctrash3 Recommendations   of 110194
 
TH..Auto Czar update:
I spoke with the President of a regional auto dealer association last night. He was invited to DC a week ago, meeting all the "brains" in DC who think they know how to run a biz. The 2nd in command to Mr. "Czar" Rattner actually said a comment like this in a closed door meeting:

"if we close half the GM dealers it's not that big of a deal because 90% of those workers will be absorbed by the existing dealers."


One of the industry guys then asked him how much CA weed he had been smoking.
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