Thursday, November 05, 2009

HorsesAss.Org » Blog Archive » GM pulls a Boeing on Germany

Jon at HA writes on the GM decision not to sell Opel, callingf ut an example of corporate greed.

Not so.

GM is now an American Corporations (as is Boeing). Opel's future and attractiveness to Magma depend on the German government's commitment of billions of Es. The Magma puchase was a minority partner, most of the money came from a Russian State Corporation.

Nationalism LIVES on in the post capitalistic world!
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