Eugene David
...The One-Minute Pundit

Saturday, October 08, 2005


Speaking of bad news, the bad news is -- Delphi, the auto parts supplier, has filed for bankruptcy, as expected.

The worse news is:

GM could also be liable for up to $10 billion to cover the costs of Delphi retiree pension, health care and benefits if the company went bankrupt, part of the agreement to spin off the parts supplier in 1999.

DUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUBYAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!!! Here's something ELSE for you to finance!!!!!

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