GM posts its highest profit ever: $7.6 billion

[dellinger63]

Originally Posted by Riot

Bottom line American automobile industry still here, hundreds of thousands of jobs saved, huge manufacturing base saved. A raging success.

We have a different view. Good luck with yours Mine is pretty rosy :-) The view is great from here.

FYI GM employs under 60K in the U.S.

And again I hope the majority don't see a $27.2 billion dollar loss to the taxpayer so a failing corporation can reap a $7 billion profit as rosy. In fact I hope they see it for what it is, a ripoff of the people.

If it had been a Private Equity firm that signed onto this deal there would people in jail, with investors screaming for their heads, yet you cheer on?

You do realiize that had GM actually gone out of business the demand for vehicles would have not decreased by a single one?