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November 19th, 2008

GM takes its bailout case to...Yahoo Finance

Posted by Larry Dignan @ 7:06 am

Categories: General, Government

Tags: Yahoo! Inc., General Motors Corp., Social Security, Financial Accounting, Operational Accounting, Government, Finance, Larry Dignan

While General Motors executives are on Capitol Hill begging for money the automaker is gm.pngalso taking its case to Yahoo Finance’s news section.

And you can’t escape GM’s pitch.

Based on a few dozen reloads it appears GM has bought a nice rotation in Yahoo Finance’s news section to plead its case.  The takeaway: If the auto industry is allowed to collapse 2.95 people will be unemployed, gross domestic product will fall 4 percent and personal income and social security deposits would drop. The ads then send you to a site where GM pleads for a taxpayer bailout more.

I don’t do auto commentary and I’ll keep my bailout opinions to myself, but I have to wonder if online advertising is the best way to preserve GM’s ever-dwindling cash position.

gm2.png

And.

gm3.png

Larry DignanLarry Dignan is Editor in Chief of ZDNet and Smart Planet as well as Editorial Director of ZDNet sister site TechRepublic. See his full profile and disclosure of his industry affiliations.

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  • Talkback
  • Most Recent of 20 Talkback(s)
One Question
One Question to each of the big three: Since 1980 how much money did the oil industry pay them to shelf fuel efficient engines and/or technology?... (Read the rest)
Posted by: arthurh@... Posted on: 11/20/08 You are currently: a Guest | | Terms of Use
Why won't bankruptcy help?  Spats30 | 11/19/08
Airlines  3D0G | 11/19/08
Why won't bankruptcy help?  stalkowski@... | 11/20/08
Why the Auto guys won't file for bankruptcy...  Nate413 | 11/20/08
RE: GM takes its bailout case to...Yahoo Finance  bastien@... | 11/19/08
GM messed up and now they want a hand out.  T1Oracle | 11/19/08
Why not listen to Mitt Romney?  Golodh2 | 11/19/08
managed bankruptcy  3D0G | 11/19/08
managed bankruptcy  Nate413 | 11/20/08
Squeeze their VP's and CEO's.  kraterz | 11/19/08
RE: GM takes its bailout case to...Yahoo Finance  joek150 | 11/20/08
Why the hate for the auto industry?  EricW2000 | 11/20/08
the real deal  pgit | 11/20/08
corrections  pgit | 11/20/08
RE: GM takes its bailout case to...Yahoo Finance  Codyg2003 | 11/20/08
RE: GM takes its bailout case to...Yahoo Finance  dpscubadvr@... | 11/20/08
RE: GM takes its bailout case to...Yahoo Finance  dzauss | 11/20/08
GM Needs a reality check...  Narg | 11/20/08
RE: GM takes its bailout case to...Yahoo Finance  primusmagestri@... | 11/20/08
One Question  arthurh@... | 11/20/08

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