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General Motors: Obamacare Wrapped in Solyndra Inside Some Misery

Roland6 Wrote: Aug 05, 2012 11:15 PM
Don't worry Magna, Biden has his own teleprompter and teleprompter writer, Obama won't allow Joe to use his own words, he's not quite that dumb.

General Motors, the auto company that vice president Joe Biden likes to claim Obama saved singled-handedly during the virgin birth after which the One was swaddled in a manger, is facing a class action lawsuit for making “materially false and misleading” claims in the prospectus for the new issue of stock it offered as it moved out of bankruptcy in late fall 2010.

A statement issued by the law firm representing the class “alleges that the defendants misrepresented and/or failed to disclose that: (1) GM was predicting revenue based on production rather than actual sales; (2) the Company falsely assured...

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