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Bankruptcy

: Credit Slips

The End of an Aphorism

By Bob Lawless

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The United States will own 60% of the reorganized General Motors, meaning that what is good for General Motors is good for the United States, literally. Can you still use an aphorism that has lost its punch? Is this any more useful than observing that what is good for Microsoft is good for Bill Gates?

Sorry ... that one was too good to pass up! (And, yes, I realize that the phrase is a misquotation of what Charles Wilson actually said.)

Full post as published by Credit Slips on June 01, 2009 (boomark / email).

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