Other Editorials

When Are You a Loser?

Jim Dollinger
Saturday, November 1, 2008

When you lose over $60,000,000,000 of your shareholders' value...

when your annual losses are in excess of $70,000,000,000 in four years...

when you eliminate your company's dividend...

when you drop over ten points of market share...

when you sell everything not nailed down in an effort to cover your mistakes...

when you borrow tens of Billions without any hope of paying it back...
.
when you take benefits away from your retirees...

when you are resposible for tens of thousands of job losses...

when you siphon off billions to your bankster buddies...

when you create lame excuses to cover your own failures.