Perspective
The following came from a discussion with my friend, Bruce.
I looked at General Motors balance sheet and as of Sept. 30 they had a negative net worth of 60 billion dollars. Assets minus liabilities equals NEGATIVE 60 billion dollars, and they lose more money every month. Now that the treasury is borrowing them another 4 Billion dollars immediately they are now worth negative 64 billion dollars minus the money they have lost since Sept. Unbelievable. The reason I am taking up your time on this is because I just wanted to point out that you, Angela, are worth ALOT more money than the whole organization known as General Motors. Doesn't that make you happy?
I looked at General Motors balance sheet and as of Sept. 30 they had a negative net worth of 60 billion dollars. Assets minus liabilities equals NEGATIVE 60 billion dollars, and they lose more money every month. Now that the treasury is borrowing them another 4 Billion dollars immediately they are now worth negative 64 billion dollars minus the money they have lost since Sept. Unbelievable. The reason I am taking up your time on this is because I just wanted to point out that you, Angela, are worth ALOT more money than the whole organization known as General Motors. Doesn't that make you happy?