Spittin' Mad
makin’ FDR look like a goldbrick
despite the stake the administration would drive through theHeartbeat of Americaentity formerly known as General Motors, they would ensure the United Auto Workers, loyalists to the marrow, would reap some benefit from the carrion.
GM bondholders own $27 billion: they get 10 percent of the common stock
UAW owns $10 billion of the bonds: they get 40 percent of the stock
Uncle Sam Obama kicked in $15.4 billion: gets close to 50 percent
So what’s that—Smart Math?
Posted by Claire on 04/29 at 05:12 AM
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