- Feb 12, 2007
- 59,384
- 24,018
- 2,290
The GM books are cooked due to the government allowing them to keep Net Operating Losses which in a normal bankruptcy proceeding, would have been voided.
But then again, our Government's specialty is Bogus & Misleading Accounting.
But then again, our Government's specialty is Bogus & Misleading Accounting.