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FOX 2 "Money Works" Jim McTevia

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Uploaded by on Apr 29, 2009

Turnaround specialist Jim McTevia discusses why bankruptcy is inevitable for General Motors.

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Autos & Vehicles

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  • The latest news is the Fedl Govt will own 50% of common stock and the UAW 39%.

    This is the culmination of 40 years of excessive UAW power and the tinkering of the Democrats to force US automakers to build the kind of cars (e.g. green, safe, etc.) special interest groups want

    Profit? Fuck profit! Who cares about "greedy" investors when social welfare is at stake!

    So....we'll prop this zombie up for another 20 years with gazillions in taxpayer subsidies; a four wheeled version of Amtrack

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