Wednesday, April 7, 2010

Lemon capitalism

GM loses billions in the fourth quarter of 2009. Didn't the federal government "lend" GM billions of tax payer funds?


Cracked World said...

They also lost something to the tune of $4.3 Billion in the first quarter of this year too. I guess we won't be getting that money back. Only the Government could invest and lose money in the billions in just a year.


Harrison said...

Man it's just SO BAD! Honestly, GM should have been left on its own to deal with its problems. They now have a government-appointed UAW member on their board of directors.