Tag Archives: Obama Comments about GM Bankruptcy

News that Moves: GM Bankruptcy & Obama Comments, Fed Mortgage Efforts, California’s ‘A’ rating in question

Securitization is like fertilizer. You can grow tomatoes or blow up buildings. -Simon Mikhailovich RCM Comment: The government sponsored bankruptcy of GM goes into effect today. President Obama tried to give an encouraging speech this morning from the White House stressing his desire not to run a car company. He tried to make it clear that government ownership of corporations […]