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Home Front Economy
GMAC says it lacks the capital to be a bank
2008-12-11
Posted by:tipper

#5  They are collateralized loans, that makes a big difference.
Posted by: bigjim-ky   2008-12-11 16:22  

#4  If they lack capital, why are they making loans?
Posted by: DarthVader   2008-12-11 16:18  

#3  Like a Rock.
Gm.
S
i
n
k
i
n
g.

Wonder how long Mr. Goodwrench can tread water?
Posted by: USN, Ret.   2008-12-11 14:58  

#2  What a coincidence:

The three-headed, serpent-tailed dog Cerberus was the offspring of Echidna and Typhon. In Greek mythology, parents didn't necessarily resemble their offspring.

Cerberus was a fierce, pitiless, flesh-eating watchdog, stationed by the River Styx, from which post he would keep the living from entering the land of the dead. Even the gods feared Cerberus, but Hercules (Heracles), for his 12th Labor, had to kidnap the three headed dog and bring him to King Eurystheus. Vergil included in his Aeneid a trip to the Underworld, in which it was necessary for the Roman hero, Aeneas, to get past Cerberus. In Book VI of the Aeneid, the Sibyl threw tranquilizers to each of the three heads of Cerberus so Aeneas could pass in safety.

Orpheus and Psyche were two other mortals who managed to get by Cerberus.
Posted by: Besoeker   2008-12-11 08:26  

#1  It will have it after the bailout so after that GM will be able to apply for bank bailout.

Remember Droopy's "Hello, happy tax payers"
Posted by: JFM   2008-12-11 05:51  

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