Wall Street Breakfast: Must-Know News [View article]
Government Motors getting out of debt:
"A potential catch: the carmaker plans to use other money from the government to repay the borrowing."
This is exactly how the US government pays off bonds; sell new bonds to pay off the old. I am sure Mr Ponzi is rolling over in his grave and Mr Madoff is wondering "Why am I in jail?"
Wall Street Breakfast: Must-Know News [View article]
I concur with Axelrod's comment. Also, I like being able to go to a list of all articles, chronological order, most recent first. Finally, it would be nice if the articles included a time stamp as well as a date stamp. Keep up the good work SA.
Wall Street Breakfast: Must-Know News [View article]
The US government should not send more tax payer dollars to the Big 3 without major concessions from the unions and major guarantees from management that they will start delivering quality electric, natural gas, and hybrid cars and trucks.
Wall Street Breakfast: Must-Know News [View article]
"A potential catch: the carmaker plans to use other money from the government to repay the borrowing."
This is exactly how the US government pays off bonds; sell new bonds to pay off the old. I am sure Mr Ponzi is rolling over in his grave and Mr Madoff is wondering "Why am I in jail?"
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]