GM posts its highest profit ever: $7.6 billion

[Danzig]

the news about GM is very disheartening at least. i know when they decided to perform the bailout, that the cost of doing so was felt to be far less than the eventual cost of NOT doing a bailout. whether that will ultimately prove to be the case, i don't know. yet another example of banking issues-in this case, very, very low interest rates are killing these pension plans. they are unable to perform at what was guaranteed, so here we are.