Comments on: “Government Motors” Loses $6 Billion http://www.fitsnews.com/2009/05/07/government-motors-loses-6-billion/ Politics, Sports and Pop Culture Tue, 14 Feb 2012 23:07:18 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Adam Smith http://www.fitsnews.com/2009/05/07/government-motors-loses-6-billion/#comment-55267 Adam Smith Sat, 23 May 2009 17:00:06 +0000 http://www.fitsnews.com/?p=20446#comment-55267 Sorry folks, this is that little fault of Free Market system, but nobody was complaining when the good times roll... Adam Smith. Sorry folks, this is that little fault of Free Market system, but nobody was complaining when the good times roll… Adam Smith.

]]> By: hammerheadSC http://www.fitsnews.com/2009/05/07/government-motors-loses-6-billion/#comment-53851 hammerheadSC Fri, 08 May 2009 14:46:12 +0000 http://www.fitsnews.com/?p=20446#comment-53851 How about writing an op ed for fits Lou. How about writing an op ed for fits Lou.

]]> By: lou http://www.fitsnews.com/2009/05/07/government-motors-loses-6-billion/#comment-53836 lou Fri, 08 May 2009 11:45:11 +0000 http://www.fitsnews.com/?p=20446#comment-53836 GM is owned or controlled by FMR, LLC. FMR, LLC owned or had signficant interests in Enron, Countrywide Mortgages, Fannie Mae and Freddie Mac, Chrysler, Wells Fargo. They also are significant players for the banks that need capital: Bank of America, Wells Fargo, Citi, GMAC, Melon, US Bancorp, American Express, Suntrust, Regions, KeyCorp, Morgan Stanley and 5th Third. And of course, they are the largest shareholder in AIG. And yeah, I have reason to know every single bit of this and more. FMR is singularly creating the financial crisis. You wanna know why??? Ask me... I have all the details. GM is owned or controlled by FMR, LLC.
FMR, LLC owned or had signficant interests in Enron, Countrywide Mortgages, Fannie Mae and Freddie Mac, Chrysler, Wells Fargo.
They also are significant players for the banks that need capital: Bank of America, Wells Fargo, Citi, GMAC, Melon, US Bancorp, American Express, Suntrust, Regions, KeyCorp, Morgan Stanley and 5th Third.
And of course, they are the largest shareholder in AIG.

And yeah, I have reason to know every single bit of this and more.

FMR is singularly creating the financial crisis.
You wanna know why??? Ask me… I have all the details.

]]> By: FWFIV http://www.fitsnews.com/2009/05/07/government-motors-loses-6-billion/#comment-53834 FWFIV Fri, 08 May 2009 11:35:58 +0000 http://www.fitsnews.com/?p=20446#comment-53834 Fits- There is also the possibility that the creditors hold credit default swaps on their loans to GM and Chrysler, in which case they are actively forcing those companies into bankruptcy in order to cash in. This situation is much more complex than your piece would have us believe. FYI Toyota announced losses of 4 billion this week and says next year will be worse. So the issues with GM and Chrylser can not be blamed solely on the unions as you are so prone to do. Fits-
There is also the possibility that the creditors hold credit default swaps on their loans to GM and Chrysler, in which case they are actively forcing those companies into bankruptcy in order to cash in.
This situation is much more complex than your piece would have us believe.

FYI Toyota announced losses of 4 billion this week and says next year will be worse. So the issues with GM and Chrylser can not be blamed solely on the unions as you are so prone to do.

]]> By: James the Foot Soldier http://www.fitsnews.com/2009/05/07/government-motors-loses-6-billion/#comment-53801 James the Foot Soldier Thu, 07 May 2009 23:23:34 +0000 http://www.fitsnews.com/?p=20446#comment-53801 Bankruptcy judges may thow a curve-ball before this is all said and done....it's in the lawyers hands now....and for once.....(y'all have no idea how hard it is to type this)....I'm hoping the lawyers (for the bond-holders) prevail. Bankruptcy judges may thow a curve-ball before this is all said and done….it’s in the lawyers hands now….and for once…..(y’all have no idea how hard it is to type this)….I’m hoping the lawyers (for the bond-holders) prevail.

]]> By: Pat Hendrix http://www.fitsnews.com/2009/05/07/government-motors-loses-6-billion/#comment-53799 Pat Hendrix Thu, 07 May 2009 22:42:45 +0000 http://www.fitsnews.com/?p=20446#comment-53799 The first bailout of GM was during the Bush Adminstration. First bailout of Chrysler was during the Reagan Adminstration. Communist my ass. As for the investors of GM, they are the rightful owners of GM's losses. They're not victims. The first bailout of GM was during the Bush Adminstration. First bailout of Chrysler was during the Reagan Adminstration. Communist my ass.

As for the investors of GM, they are the rightful owners of GM’s losses. They’re not victims.

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