GM CEO Rick Wagoner to Rep. Gwen Moore: “We at GM have a very significant collateral pool that has not been pledged yet, including overseas subsidiaries and trademarks, which we could use for first-lien collateral.” (HT: 1-2).
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Mighty Putty!
Grab life by the horns!
The representative who chewed them a new asshole was awesome. “You guys need to make cars! Not become a bank holding company, I talked to the credit unions, they said they haven’t changed their lending practices. You auto people caused your own subprime mess!”
Ahhaha awesomeness
Any wideclops sightings in the hallways of Macquarie NYC?
This is my country!
he needs to grab barney frank by his horn…
Like a Rock…
Two words: “Chevy Vega”
Sh!t. The auto business has been broken since the 1980′s they did not fix it then, only deferred it until todays environment exposed the big three. Are we all suprised?
I hear BofA is now pushing Goodwill backed bonds…
Like a clops……….
Pontiac Wideclops
Aztek was a wideclops
Not as good as the Nova they released in south america, yes, let’s sell a car whose name, when translated into the native tongue, comes out to “It doesn’t (no) go”.
Brilliant!
@4: Macquarie NYC had a visit from wideclops last week.
What the hell is a Wideclops?
um…first!
Anyone know which banks/insurance companies will suffer the worst if one or all three of the big 3 go into even a prearranged bankruptcy?
Quarity is job 1
These are the same idiots who couldn’t figure out why the Chevy Nova wouldn’t sell in Mexico and South America…please don’t make me explain this.
seth peck was a wideclops
seth peck was a wideclops
@ Debter
Already took the liberty, sorry? There are more examples, but I think just that one is pretty exemplar, as you seem to agree
Who is wideclops? Wideclops got Dealbreaker banned from Morgan Stanley.
I hope chevy the Heartbeat of America can turn things around I love their cars. I know a lot of people think they are a scam but they truely are the Heartbeat of America.
Heartbeat of America is considered nothing more than a scam and is worthless because Americans don’t want to buy cars made in America anymore. Sad but true. If the win back the true Heartbeat of America they everyone would stop thinking of them as a scam.
The Chevy will always be the Heartbeat of America. GM makes great cars and calling the HEARTBEAT OF AMERICA a scam is just COO COO.
Chevy is not the Heartbeat of America they are a complete scam.
GM will cost the tax payer’s millions and that what has got everyone so crazy. When you think of that who cares about some silly jingle. This is real man and it,s big corporate BS that brings this country down.
Obama is the Heartbeat of America. The only politician who is not a scam.
If You Have Health Insurance, the Obama Plan:
* Ends discrimination against people with pre-existing conditions.
* Limits premium discrimination based on gender and age.
* Prevents insurance companies from dropping coverage when people are sick and need it most.
* Caps out-of-pocket expenses so people don�t go broke when they get sick.
* Eliminates extra charges for preventive care like mammograms, flu shots and diabetes tests to improve health and save money.
* Protects Medicare for seniors.
* Eliminates the �donut-hole� gap in coverage for prescription drugs.
Thanks for the Obama health care info. He is awesome. I am so glad we got rid of Bush the scam artist who ruined our country. Obama is the Heartbeat of America.
In regards to the GM (Giant Moron) comment that they have assets for collateral to secure a bail out. This scam is hog wash. We are going to basically pay a bunch of CEO’s a fortune from our tax dollars to run a company into the ground again and again and again and again.
I am so sick of hearing about the whole Heartbeat of America scam. I say let the sink and put are money into making Hybrids not Hummers.
Obama is the Heartbeat of America
If You Don’t Have Insurance, the Obama Plan:
* Creates a new insurance marketplace — the Exchange — that allows people without insurance and small businesses to compare plans and buy insurance at competitive prices.
* Provides new tax credits to help people buy insurance.
* Provides small businesses tax credits and affordable options for covering employees.
* Offers a public health insurance option to provide the uninsured and those who can’t find affordable coverage with a real choice.
* Immediately offers new, low-cost coverage through a national “high risk” pool to protect people with preexisting conditions from financial ruin until the new Exchange is created.
Obama the Heartbeat of America not a scam.
Obama is the Heartbeat of America.
The only politician who is not a scam.
If You Don’t Have Insurance, the Obama Health Care Plan:
* Creates a new insurance marketplace — the Exchange — that allows people without insurance and small businesses to compare plans and buy insurance at competitive prices.
* Provides new tax credits to help people buy insurance.
* Provides small businesses tax credits and affordable options for covering employees.
* Offers a public health insurance option to provide the uninsured and those who can’t find affordable coverage with a real choice.
* Immediately offers new, low-cost coverage through a national “high risk” pool to protect people with preexisting conditions from financial ruin until the new Exchange is created.