Thursday, April 29, 2010
GM’s True Lies - Grand Rants
Truth in Advertising is probably one of the most wishy-washy laws we have.
It's so easy to say things that sound one way, while the whole story and/or truth never sees the light of day.
It's really sad...
It's so easy to say things that sound one way, while the whole story and/or truth never sees the light of day.
It's really sad...
This was recently posted by [cricket] on the GrandRants blog:
"CEO Ed Whitacre is telling us the truth, but not the whole truth. What about the other $45 billion that American (and Canadian) taxpayers gave General Motors last year, which was originally part of that loan? Why doesn’t he mention that still-outstanding amount as he so proudly touts the payback of less than 14% of GM’s unsettled debt? When do we get that money back?"
