General Motors just reported a loss for the fourth quarter of nearly $10 billion. You can see what good it does to bail out failing companies…the money just goes down the drain. The government gave GM more than $13 billion – there goes the bulk of it.
March 2nd, 2009 | Bill Bonner | 0 comments | Continued Our DR Global Editions: 
Sunday, November 22nd, 2009
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The Markets
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Crude Oil Dec 09 76.90 -0.56
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2009-11-20 00:47 Most Comments
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Good work Winkinatcha.
I tend to favour against dollar rally...even though its on cards once again. Been waiting for a freefall ...
Lachlan Scanlan | 21Nov09 | More -
there's some rumblings going on lads.
Check it:
http://www.marketwatch.com/story/ice-investigating-spike-in-dollar-index-futures-2009-11-20
;)
winkinatcha | 21Nov09 | More -
"Goldman also received $10 billion of capital from the U.S. government in October 2008, under the Troubled Asset Relief Program."
In ...
Don | 21Nov09 | More -
3m UST bills turn negative, again! Apparently, they did routinely during the Great Depression, though Bloomberg reports "Treasury bills turned ...
Justin | 21Nov09 | More -
Yeah Ned I think it was Wierd Al who wrote a song about Prozak and his dealings with Biker....
"I know ...
Lachlan Scanlan | 21Nov09 | More -
Ever watched a dead cat bounce?
Dan | 20Nov09 | More -
Hey Biker ... Where are you? DR's gotten a bit boring lately mate. Even Prozak seems to have lost a ...
Ned S | 20Nov09 | More -
Agreed my friend - In a sane world one doesn't have to be a "rocket scientist" to have a chat ...
Ned S | 20Nov09 | More -
Ned, just that point about the world thinking immorality pays off ... actually not really. Big business knows immorality causes ...
Dan | 20Nov09 | More -
Well a society can prosper without needing a "finance industry" like the one the US has (although in all honesty ...
Dan | 20Nov09 | More
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Good work Winkinatcha.
I tend to favour against dollar rally...even though its on cards once again. Been waiting for a freefall ...
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