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From the Dept. of You Gotta Be Kidding: GM to Spend $18 billion bailout in Brazil
Corrente —
claiming it's a better investment for the money than using it in US operations. So, how do we get these managers and financiers straightened out? This ain't a UNION problem -- this is a CORPORATE MANAGEMENT problem, and if we don't put a spike in this wheel, it'll be an AMERICAN BANKRUPTCY problem!!
General Motors to Invest $1 Billion in Brazil Operations
Democratic Underground Latest Breaking News —
... U.S. government and will be used to "complete the renovation of the line of products up to 2012." "It wouldn't be logical to withdraw the investment from where we're growing, and our goal is to protect investments in emerging markets," he said in a statement published by the business daily Gazeta Mercantil. Meanwhile, he cut the company's revenue forecast for this year by 14% to $9.5 billion from $11 billion, as the economic crisis began to cause rapid slowdowns in sales. Read more: http://www.laht.com/article.asp?CategoryId=12396 Why are we funding jobs in Brazil?
GM Announces It Is Using $1 Billion of Its Bailout Money In Brazil
Gateway Pundit —
You just can't make this stuff up... GM is using $1 billion of its bailout money to invest in Brazil. Your tax dollars at work-- The Latin American Herald Tribune reported: Nancy Pelosi Explains How Fighting STDs Stimulates Economy SAO PAULO -- General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker. According to the president of GM Brazil-Mercosur, Jaime ...
$1 Billion Of GM’s Bailout Going To Investment…In Brazil
Say Anything —
Well, at least they’re trying to get away from the UAW.
SAO PAULO—General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker.
According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding will come from the package of financial aid that the manufacturer will receive from the U.S. government and will be used to “complete the renovation of the line of products up to 2012.”
“It wouldn’t be logical to withdraw the investment from where we’re growing, and our ...
General Motors to Invest $1 Billion in Brazil Operations -- Money to Come from U.S. Rescue Program
Democratic Underground Latest Breaking News —
... U.S. government and will be used to "complete the renovation of the line of products up to 2012." "It wouldn't be logical to withdraw the investment from where we're growing, and our goal is to protect investments in emerging markets," he said in a statement published by the business daily Gazeta Mercantil. Meanwhile, he cut the company's revenue forecast for this year by 14% to $9.5 billion from $11 billion, as the economic crisis began to cause rapid slowdowns in sales. Read more: http://www.laht.com/article.asp?CategoryId=12396
links for 2009-02-10
FullosseousFlap's Dental Blog —
California Prisoner Release: Judges indicate they may order prison population reduced by 58,000
A panel of three federal judges, ruling that overcrowding in state prisons has deprived inmates of their right to adequate healthcare, today indicated they would order the state to reduce the population in those lockups by as many as ...
Gates of Vienna News Feed 2/10/2009
Gates of Vienna —
... General Motors to Invest $1 Billion in Brazil Operations — Money to Come From U.S. Rescue Program SAO PAULO — General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker. According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding will come from the package of financial aid that the manufacturer will receive from the U.S. government and will be used to “complete the renovation of the line ...
