Daily Archives: 2008/12/19
GM Stock Diluted No Bailout for Shareholders
President Bush ordered Rescue Money to be Loaned to GM & Chrysler but No Bailout , especially for current common stock shareholders. A $17.4 billion rescue package for the troubled Detroit auto makers allows them to temporarily avoid bankruptcy and also … Continue reading →
Filed under Abundance Wealth, American Economy, Barack Obama, Big Business, Cars, Democracy Now, Everything is Connected, Federal Reserve, Financial Crisis, GM Ford chrysler, IMF World Bank, Investing, Money, News by Photos vBlog, Stocks StockMarket, Survival of the Fittest, Uncategorized, US Politics, Wake Up People, Wall Street DowJones, World Events
Tagged as $17.4 Billion Bridge Loan, Americas Recession, Big 1 Automaker FordGM, Ch11 Bankruptcy, GM Chrysler, Nationalization of he Auto Industry
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