Thursday, February 26, 2009
U.S. Auto Makers: Can You Spare a Billion?
GM is lobbying DC for another $16 billion or so to stay alive. These auto makers have not proven to the market that they can survive. Their combined stock market capitalization is $6.2 billion. The prospect of more Americans losing their jobs is far from music to my ears, but I can't stomach more of MY MONEY being dumped into zombie corporations.
Posted by MK at 7:43 PM