Saturday, March 10, 2012

Hard times for Obama Motors

The fallout from Barack Obama’s absolute incompetence as an “investor” continues to descend into farce, as we learn that Government Motors – touted as some kind of “success” by Obama, even though taxpayers lost $26 billion on it – is now on the hook for the junk-bond degeneration of French automaker PSA Peugeot Citroen. 

Posted via email from The Blue Pelican

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