GM confirms sale of Hummer and French factory

GM confirms sale of Hummer and French factory

!!!!

I just read an inside scoop on GM and on Gm sold the Brand Hummer and a

French transmission factory. GM's treasurer Walter Borst reviled both news at the

Deutsche Bank Leveraged Finance Conference in Arizona. with the sales it freed

up GM for 4 billion dollar. GM plans to free up 15 billion dollars by the year 2010.

I think Hummer is a great brand that will evolve with another owner not with GM.

Hummer would of been a great 1st generation electric SUV. in 1992 Arnold

Swarchenegger was The first person to

own a Hummer after persuading manufacturers to make them for non-army

purposes. Now "The Governator" wants to be politically correct because of his

field and now is against Hummers.

Who is Henry Paulson?

Who is Henry M. Paulson Jr?

I wonder what is the he thinking? The evil looking genius is Henry M. Paulson is a Harvard

Business graduate who began working with one of America's essential Banks Goldman Sachs

since 1974. Henry Paulson Jr Most recent position at Goldman Sachs was chairman and CEO.

Now he's the secretary of treasury and is responsible for the 700 billion dollars wall street

bailout. The only thing that worry's me was that he was appointed by president George W. Bush

to replace John Snow.

but I recently educed a little research on Henry M. Paulson Jr and he is not a bad man to leave

in charge because he has an achieving resume at Goldman Sachs and I wouldn't be as worry.

Soft economy drags on car sales

I've read an article in the Detroit newspaper today talking about how the struggling economy is

slowing down the auto industries yearly quota. With wall street in trouble the banks are being very

stingy with their money, making it harder and harder for the consumer to finance or lease a

vehicle. Trucks already in a difficult market is being cut back in production,