Dec 30 2008
∞
“
If you are a really big hedge fund, or Private Equity fund say ‘CERBERUS’, and make a shitty, dumb ass investment in GM/GMAC, just ask the gobbernment to bail you out. Shazam - 20 percent of the profits in your pocket and no responsibility for the losses. America is upside down heading into 2009.
Expect the unexpected.
