Posts Tagged ‘Deal’
SAIC Denies GM Merger – China Bashing Begins Nonetheless
Tuesday, December 2, 2008 11:47 No CommentsThere’s been some speculation on GM today amid rumors of Shanghai Automotive Industry Corporation (Group) (SAIC). The deal, which was originally reported by the Chinese news site www.nbd.com.cn, was later officially denied by SAIC.
Another Chinese News Source, 21st Century Business Herald, later reported that Chinese state-owned companies such as Shanghai Auto and Dongfeng may have [...]
Mind Boggling – The True Cost of The Bailout
Monday, December 1, 2008 18:23 11 CommentsAt $8.5 Trillion already pledged by the US Government, the 2008 bailout of the financial sector has become largest single expenditure ever assumed by the US Government (Or any government). Just how large you ask? We’ve now exceeded the total cost of World War 2, The New Deal, Korean War, Iraq Invasion, Vietnam, The Louisiana [...]





















