SNL Skit Rips Big Three Automakers (GM, F, Chrysler)
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SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: -0.3%
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This weekend, SNL ripped into the big three automakers. The show mocked how they have no plan to save the industry and all the executives could come up with was dates in the future when they will need more taxpayer money.
In the skit, the big three execs discussed how they drove instead of flying their private jets to Washington DC this time. In their drive they had all kinds of car trouble, which delayed them - a clear dig on Detroit quality.
When asked if they would default on the loans, all of the fake big three execs agreed that they would.
Here is a YouTube video of the show. Long but funny. SNL is continuing their political, economic content, which is interesting in itself.
Stocks: GM (NYSE: GM), Ford (NYSE: F), Chrysler.
In the skit, the big three execs discussed how they drove instead of flying their private jets to Washington DC this time. In their drive they had all kinds of car trouble, which delayed them - a clear dig on Detroit quality.
When asked if they would default on the loans, all of the fake big three execs agreed that they would.
Here is a YouTube video of the show. Long but funny. SNL is continuing their political, economic content, which is interesting in itself.
Stocks: GM (NYSE: GM), Ford (NYSE: F), Chrysler.
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