Tuesday, June 9, 2009

Do You Want a Share of GM & Chrysler?... no, really

I just read an article that made me have a, "Holy crap, why didn't I think of that," moment. According to Autoblog, Republican sentator Lamar Axexander of Tennessee is recommending that each of the 140 million Americans receive stock notes once GM and Chrysler come out of bankruptcy. They may not be worth much but, heck, I'll take one. What's the worst that could happen, they lose all their value... oh, yeah, $130 billion... crap.

In other news, the former AT&T Chief, Edward Whitacre, Jr. has just been named new chairman of GM. We'll see how this plays out.

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