Wall Street Breakfast: Must-Know News [View article]
“ How bad is it when a $1.5 billion GM loss is an improvement? How the mighty have fallen. ”
On Nov 16 09:49 AM JCCIII wrote:
> 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]
Hooray Axelrod608, Great job! Well said, I'd vote for you for Fed Chief but we've stuck with a bunch of idiots that I doubt can be stopped. When are folks going to wake up and realize they've been had?
Remember G.W.'s good pal "Kenny Boy" better known as Ken Lay from Enron? I am affraid they have more then just bike riding in common.
Wall Street Breakfast: Must-Know News [View article]
On Nov 16 09:49 AM JCCIII wrote:
> 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]
Yeah, we're creating a bunch of "zombie banks just like in Japan".
Wall Street Breakfast: Must-Know News [View article]
Good rant and rave!
Wall Street Breakfast: Must-Know News [View article]
Remember G.W.'s good pal "Kenny Boy" better known as Ken Lay from Enron? I am affraid they have more then just bike riding in common.
Wall Street Breakfast: Must-Know News [View article]
www.independent.co.uk/...