April 29, 2010
The media blitz is going full throttle with ads of GMC’s CEO Ed Whitacre walking through a plant pronouncing that GMC has paid back its’ loan part of the bailout, namely $6.7 billion, however the taxpayer is still on the hook for $43 billion in stock options; the reporting of the minor dip in shares [...]
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January 14, 2010
By Rick Newman Posted: January 13, 2010 In the cast of corporate characters, Fannie Mae and Freddie Mac are A-list villains, thanks to the central role they played in the 2008 financial meltdown. The two mortgage-finance firms failed as spectacularly as AIG, the poster child for finance-gone-wrong, with the combined Fannie-Freddie rescue totaling about $111 [...]
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