09-04-2010, 09:06 AM
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#80
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Had an idea!
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Quote:
Originally Posted by longsuffering
Yeah, he's done absolutely nothing right.
http://www.economist.com/node/16846494
Oh wait, maybe The Economist is slightly more credible than Azure? Weren't you predicting doom and gloom on the GM bailout?
I'll wait for you to explain why The Economist has it all wrong.
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Quote:
NEW YORK/DETROIT, Sept 3 (Reuters) - The U.S. government is likely to take a loss on General Motors Co [GM.UL] in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
The Obama administration has pledged to exit its investment in GM as quickly as possible while holding out the prospect that taxpayers could ultimately be paid back in full.
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http://www.reuters.com/article/idUSN0315109920100903
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