Add GMAC to the list of bailout recipients. Bloomberg. I am beginning to think I should have spent the last 5 years running a business into the ground so I could get a bailout too.
Here is an article about the rise and recent collapse of the Icelandic banking system. WSJ.
Consumer confidence hits an all-time low. AP.
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15 hours ago
1 comment:
Unfortunately, merely running a business into the ground isn't the sole bailout prerequisite. The additional requirement is that one must ruin a monsterous business. Only then does Bailout Nirvana result. The key is to screw up royally.
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