Thursday, August 21, 2008

Climateer line of the day: GM Edition

From BloggingStocks:
With great fanfare, General Motors Co. announced it was spending $500 million developing the Chevrolet Cruze, a so-called next generation compact car.
Investors, who have seen the value of GM's stock slip 60 percent this year,
could not have cared less.

(NYSE: GM)