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How many government bailouts, like GM for example, continued to trade at astronomical ratios of price to revenue, never mind earnings? Corruption can work mirac
by Zigurd 2mo ago
How many government bailouts, like GM for example, continued to trade at astronomical ratios of price to revenue, never mind earnings? Corruption can work miracles and we are in a Golden Age now, but still there are practicalities.
Beltway bandits have been at this game for 100 years, and look at their stock price.