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Tag Archives: GM
What’s Good for General Motors is Good for the Country
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
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
Posted in Finance
Tagged AIG, American Express, Campbell Harvey, CIT Group, Financial Crisis '08, Ford, GE, GM, TARP, Wachovia, Wells Fargo
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