Seeking Alpha

axelrod608 » Comments » ADM

  • Wall Street Breakfast: Must-Know News [View article]
    >> "We the people" Now own the largest insurance company in the world...banks, ...auto companys,...the largest mortgage companys." >>

    Nah. Our "leaders" weren't that smart. When GM's market cap was $4B, they paid many times more Same with all the others. The gummint COULD HAVE bought 'em all, thrown out the incompetents running them into the ground and sold 'em to responsible companies at a profit, but no. Instead we "loaned" them far more than they're worth for promises of repayment even though we know they can never repay the money and left the same incompetents in charge that got them into the mess.

    This is a business plan from hell. But it will keep the lights on in the Hamptons, Boulder and the riviera and the fuel tanks full on the yachts in the Caribbean. America's oligarchs will do at least as well as the Russkies.
    Feb 03 10:02 am |Rating: +11 0 |Link to Comment
More on ADM by axelrod608
Comments by Ticker
AA, AAI, AAP, AAPL, AAUKY.PK, AAV, ABAT, ABB, ABC, ABFS, ABK, ABT, ABWTQ.PK, ABX, ACAS, ACE, ACH, ACI, ACL, ACN, ACOR, ACPW, ACTS, ACV, ACWI, ADBE, ADCT, ADI, ADM, ADP, ADRE, ADS, ADSK, ADVNA, AEC, AEG, AEM, AEO, AES, AET, AETUF.PK, AFFX, AFL, AG, AGG, AGIBY.PK, AGO, AGP, AGU, AGZ,
axelrod608 is a
Top 50 Commentor
630 comments
Rating: 1552 (2026 - 474 )