Comments on: Chevy dealer discloses quarter-billion-dollar debt

By: deutschetouring1337

deutschetouring1337 — Thu, 02 Oct 2008 22:22:52 +0000

I don’t call JPMorgans backing of Enron and helping them hide debt in their balance sheets being wrong, SEC nailed them for it, investment into 3 trillion of unsecured Asian debt market, They are the top underwriters of debt next the Deutschebank and management has made bad choices for being exposed to the Derivative market. AIG if it hadn’t been bought out would have left everyone open for failure due to the unregulation of using Derivative investing. JP Morgan, & Morgan Stanley as recent as early 07 late 06 were coming up with MORE investment vehicles tied to Derivatives. The reason AIG failed was using Derivatives off subprime lending and involved with the lending itself. Did you ever notice the Financial banks involved with MLEC are the ones buying up all the other banks? Hmmm….check the history for yourself.

By: athens

athens — Thu, 02 Oct 2008 21:54:18 +0000

28% interest = GREED

By: autonut

autonut — Thu, 02 Oct 2008 19:08:56 +0000

Those of you concerned about Bill Heard’s well being – don’t be. He will not drive Aveo either. It is corporation that has debt, not him personally. Most of executives live long and happy lives after burning millions (or trillions) of someone else’s dollars.

By: Z06ified

Z06ified — Thu, 02 Oct 2008 13:57:19 +0000

DrFill – your comment isn’t even close to true. deutschetouring’s post is wrong too, but yours isn’t much better.

By: DrFill

DrFill — Thu, 02 Oct 2008 04:55:05 +0000

JPMorgan owes no one anything, unlike some mega-corporations
An ass-kicking machine, buddy
You might want to add some truth to your posts
Just as a change of pace
DrFill

By: howsmydriving

howsmydriving — Thu, 02 Oct 2008 04:54:23 +0000

Good riddance to another POS.

By: TOZO

TOZO — Thu, 02 Oct 2008 03:51:32 +0000

The burning $100 bill photo says it all.

By: deutschetouring1337

deutschetouring1337 — Thu, 02 Oct 2008 03:08:15 +0000

Don’t forget it was only a year ago JPMorgan, Citibank Corp, & Bank of America were bailed out and also introduced the MLEC plan with the Gov’t approval to prevent all of this within the financial industry and look at whats happend.

By: johnnycanuck

johnnycanuck — Thu, 02 Oct 2008 02:33:27 +0000

Why would this come as a shock to anyone? The guy was just following the same path as the mothership.

By: beatusmongous

beatusmongous — Thu, 02 Oct 2008 02:22:38 +0000

And one of those is my workplace!

Good luck getting any piece of that money. If I were Bill, I’d head to Madagascar or something.

By: A4

A4 — Thu, 02 Oct 2008 02:21:44 +0000

looks like bill heard is gonna be drivin an aveo to his new job as fry cook