http://jeffnolan.com/wp/2009/11/17/three-card-monty-at-gm/ Jeff Nolan's take on investment, innovation, entrepreneurship and the technology industry Fri, 19 Mar 2010 05:50:28 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://jeffnolan.com/wp/2009/11/17/three-card-monty-at-gm/comment-page-1/#comment-336648 Hey That $30 Billion Loss is Really Good News Wed, 09 Dec 2009 19:59:49 +0000 http://jeffnolan.com/wp/2009/11/17/three-card-monty-at-gm/#comment-336648 [...] A few weeks ago I wrote about the extreme chutzpah that GM’s management displayed when attempting to portray paying back $6.7 of the nearly $60 billion in taxpayer money they received as a testament to their solid financial footing. Little did I know then that their message spin would look modest compared to the Treasury Department attempting to spin losing $30 billion as good news. [...] [...] A few weeks ago I wrote about the extreme chutzpah that GM’s management displayed when attempting to portray paying back $6.7 of the nearly $60 billion in taxpayer money they received as a testament to their solid financial footing. Little did I know then that their message spin would look modest compared to the Treasury Department attempting to spin losing $30 billion as good news. [...]

]]> http://jeffnolan.com/wp/2009/11/17/three-card-monty-at-gm/comment-page-1/#comment-336647 Hey That $30 Billion Loss is Really Good News | Venture Chronicles Wed, 09 Dec 2009 18:36:18 +0000 http://jeffnolan.com/wp/2009/11/17/three-card-monty-at-gm/#comment-336647 [...] A few weeks ago I wrote about the extreme chutzpah that GM’s management displayed when attempting to portray paying back $6.7 of the nearly $60 billion in taxpayer money they received as a testament to their solid financial footing. Little did I know then that their message spin would look modest compared to the Treasury Department attempting to spin losing $30 billion as good news. [...] [...] A few weeks ago I wrote about the extreme chutzpah that GM’s management displayed when attempting to portray paying back $6.7 of the nearly $60 billion in taxpayer money they received as a testament to their solid financial footing. Little did I know then that their message spin would look modest compared to the Treasury Department attempting to spin losing $30 billion as good news. [...]

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