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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (561922)4/20/2010 10:13:02 AM
From: i-node  Read Replies (1) | Respond to of 1571873
 
>> Bummer i-toad, just think how great it would have been for the country if these guys had gone out of business as you wished.

I never wished they'd go out of business.

I wished they'd allowed the bankruptcy court to break the unions.



To: Road Walker who wrote (561922)4/20/2010 10:40:33 AM
From: Alighieri1 Recommendation  Read Replies (1) | Respond to of 1571873
 
Bummer i-toad, just think how great it would have been for the country if these guys had gone out of business as you wished.

I heard today that the government will recover most if not all of the TARP $$...and may actually make a profit on several.

Al



To: Road Walker who wrote (561922)4/20/2010 11:26:08 AM
From: Tenchusatsu1 Recommendation  Read Replies (2) | Respond to of 1571873
 
RW, from the article:

> The U.S. government has put nearly $50 billion into saving GM from collapse, an amount Obama administration officials have said was unlikely to be returned entirely when GM begins to sell shares publicly. Based on analysts' estimates, the government's stake could approach the $30.1 billion spent by the Obama administration solely on GM's bankruptcy.

Just your usual smoke-n-mirrors from GM. Nothing has changed, except that they're now subsidized by us taxpayers.

Tenchusatsu