Check back often for news and commentary about Kentucky by David Adams.
Contact via email: kyprogress(at)yahoo.com or Lexington area telephone 537-5372.
Monday, February 16, 2009
Let them eat stock certificates
General Motors is expected to announce Tuesday that their survival plan includes taking more taxpayer money, making fewer cars, and paying off their bonds with soon-to-be worthless stock. From Automotive News:
Real progress won't begin until after the deal involves paying off union officials with blank pieces of paper.