Jesse's Café Américain

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor; he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.” Marcus Tullius Cicero

Showing posts with label GM. Show all posts
Showing posts with label GM. Show all posts
13 August 2010

GM IPO Timed to Complete Just Before the November Elections

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It will be a wonder if the stock market remains favorable to an IPO of this size by October. ABC News GM IPO Filing Delayed Until Early Next...
11 May 2010

General Motors Wants to Get Back into Financing to Increase Its Profits

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Bloomberg reports that GM Considers Buying back GMAC Or starting a new unit. Having its own financing unit will 'increase its profitabil...
09 February 2009

GM to Invest $1 Billion of its US Rescue Package in Modernization - In Brazil

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Here is a nice example of how investing in nationless corporations, without conditions, does very little for your use of capital and your go...
15 January 2009

GM Cuts 2009 US Sales Outlook to 27 Year Low - Wall Street Rallies

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A grim outlook from General Motors today as it continues to attempt to wring concessions and donations from anyone and everyone. The market ...
29 December 2008

GMAC: Its Good to Be a Bank

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"The bondage of fifteenth century serfdom has become the catalyst for causing the middle-class to grovel for survival. They mistakenly ...
07 November 2008

General Motors is on the Brink of Default and Bankruptcy

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Right at the close of trading Fitch and the other rating agencies cut General Motors debt ratings. In particular Fitch was quite specific th...
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