Friday, June 5, 2009

Latest Government Bailout: Delphi

It's all in the timing, baby. Delphi has been in bankruptcy for three years now, fortunately for them, the government is riding to the rescue (through $30 billion they gave to GM)—to the tune of a paltry $2.5 billion—once again allowing billionaire's to allow great possible profits while sticking taxpayers with losses.

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