It took only 40 days, 2 days less than it took for Chrysler. Now the government-owned (61%) General Motors can "compete" with the likes of Toyota and Honda on alternative energy cars - Toyota's Prius sells for just above $20,000, new GM's Volt will probably sell above $40,000. (Who in the rational mind would pick the latter, unless at a gun point - Oh I see, that's why the U.S. keeps military bases all around the world.)
GM Out Of Bankruptcy (7/10/09 Business Insider)
By the way, the rumor that GM will change the color of its logo from blue to green is probably false. For now at least. (Remember it was impossible for GM or Chrysler to go into bankruptcy, until they did. Fannie Mae and Freddie Mac were sound, until suddenly they weren't.)
I still want to know what happened to the GM's secured bond holders, and what happened to the holders of CDS on GM's debt (here's a notable one).
Now that both Chrysler and GM are "successfully" out of bankruptcy, will the Presidential Auto Task Force disband? Or will it transformed into a politburo-like governmental committee to manage the companies? Will Mr. Steve Rattner the Car Czar descend on GM as CEO, as the reward for his "hard" work?
戦争の経済学
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ArmstrongEconomics.com, 2/9/2014より:
戦争の経済学
マーティン・アームストロング
多くの人々が同じ質問を発している- なぜ今、戦争の話がでるのか?
答えはまったく簡単だ。何千年もの昔までさかのぼる包括的なデータベースを構築する利点の一つは、それを基にいくつもの調査研究を行...
10 years ago
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