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?

2 comments:

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.

Idiots!

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.