Tag Archives: GM

What’s Good for General Motors is Good for the Country

Image courtesy of Wikimedia Commons

How ironic. Congress is entertaining a $25 billion bailout of the autos. The President and Secretary of the Treasury are OK with this as long as it doesn’t come out of the $700 billion TARP money. To the average person, … Continue reading


Children in the Candy Store

Image Courtesy of Wikimedia

The bad news keeps piling in: $150 billion commitment to a non-bank, AIG GE Capital (which is not a bank) gets FDIC Insurance backup for $139 billion American Express and CIT Group are now banks – I guess everyone is … Continue reading