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Showing posts with label Nine Terrifying Words. Show all posts
Showing posts with label Nine Terrifying Words. Show all posts

Thursday, February 17, 2011

More "Failure" at GM

Hmm...

Less than two years after entering bankruptcy, General Motors will extend millions of dollars in bonuses to most of its 48,000 hourly workers as a reward for the company's rapid turnaround after it was rescued by the government.

So, perhaps those nine words aren't so terrifying after all.

The company made $4.2 billion in the first nine months of 2010 and is expected to announce a fourth-quarter profit soon.

Another quarter with a profit...hey, that's pretty great!

Anyone out there care to retract their statements on how "Government Motors" was a giant mistake?