The observation pre-dates the bailout and seems to have originated in this article: "Enterprise Risk Management" 2005. The pension plan was the focus of the bailout, not the health of the industry, in my view.
Politics and science, humor and hypocrisy. METANOODLE
Sunday, 17 July 2011
GM: A retirement plan with a car factory
"When you buy GM stock, are you buying a car company that happens to have a retirement plan, or are you buying an insurance company that just happens to make cars?"
The observation pre-dates the bailout and seems to have originated in this article: "Enterprise Risk Management" 2005. The pension plan was the focus of the bailout, not the health of the industry, in my view.
The observation pre-dates the bailout and seems to have originated in this article: "Enterprise Risk Management" 2005. The pension plan was the focus of the bailout, not the health of the industry, in my view.
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