Breaking News! GM reports $4.2 billion dollar loss

GM, world's largest carmaker, reports $4.2 billion loss and warns it is running out of money. (CNN)

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Permalink Reply by john mcglasson on November 8, 2008 at 9:14am
The man responsible for what's happening to the global markets is Franklin Raines, former CEO of Fannie Mae, who pocketed a sickening $90 MILLION dollars while lying to investors about earnings for over two years. He wasn't charged with anything, was allowed to step down and retain his $90 MILLION DOLLARS. Raines is an Obama economics advisor, as is the governor of the nearly bankrupt state of MICHIGAN. These are the people running the show now, and we're more screwed than ever.

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