All posts for the month February, 2011

GM Bailout Costs Taxpayers $7B

Executive Overview: Bailing out GM has cost taxpayers $7B in realized loss and $19B in unrealized loss GM is a zombie company that should have been allowed to die and rise again Winners: GM’s employees and pensioners, vote-buying politicians Losers: taxpayers, GM’s future Full Post: When GM was bailed out during the financial crisis, first [...]

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Vail is Fun!

Right after Jigsaw got bought I got a call from a private equity firm out of Chicago called GTCR.  I had never heard of them but took the meeting on instinct.  I have found it is a bad idea to blow off money guys as you never know when you’re going to need funding. Phil [...]

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