GM’s Possible Hail Mary Play: The Only Way For GM To Survive Is To Become A Deposit-Holding Bank
November 12, 2008 – 11:46 am
The writing is on the wall for General Motors. The only way it can survive long enough to pay all the pension and union obligations to the hard-working Americans is to become a deposit-holding nationalized bank.
You think I’m kidding? Look at American Express.


