As I hope you noticed I haven't posted for over a couple weeks. (if you haven't noticed, spare my feelings and don't tell me). It was mostly a busy schedule and some health issues. But I'm back at the keyboard ranting away now. Actually I'm also back in another way. After way too many months … Continue reading I’m Back!
Day: November 20, 2010
GM, Banks, Bailouts and Incentives
With the GM IPO having succeeded so well this past week, the critics and nay-sayers have had to change tunes. I don't know that I really see the government investment in GM's bankruptcy and restructuring as a "bailout". I see more as the kind of strategic government intervention that helps the economy that a good … Continue reading GM, Banks, Bailouts and Incentives
The GM Tale
Earlier this week General Motors, the new post-bankruptcy GM, issued it's Initial Public Offering. Initial signs are very encouraging in several ways, which I'll describe. But first let's take a note. Only 20 months, less than two years, The conservatives and tea party types were howling for GM to go bankrupt and for the government … Continue reading The GM Tale