ATTENTION MOMO: SHORT GM IMMEDIATELY

Momo, do you remember when you decided you would not allow yourself the ability to short stocks? It just came back to bite you in the buttocks.

  • NEWS ALERT
    from The Wall Street JournalThursday, March 16, 2006

    GENERAL MOTORS SAID its 2005 loss will be $2 billion steeper than originally reported, amid charges related to its restructuring, its exposure to Delphi’s bankruptcy and activities at GMAC.

Hope you get this in time to make billions,

Jawaad Senpai

P.S. – And in all seriousness, the most insightful comment I read about this was this, about whether the inevitable bankrupcy is funny:

“It really isn’t funny. What is funny is how the executives will just brush off the dust, take out a few million, and get hired somewhere else. It is this class of uber elite corporate aristocrats that is sinking america. It’s only funny because of the irony. “