GM bankruptcy plan eyes quick sale to gov't
Why do we even bother having a market any more? Why don't we just close all the businesses and let our new Overlords run the entire economy. They just keep ensuring that the Unions, with their unsecured debt, get a good crack at assets that should rightfully go to secured bond holders. It's outright theft.
A far better writeup than I can provide is at The Market Ticker.
Giant Counting Robots!
5 days ago
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