Quote:

---

The Zionist Gang that Bankrupted General Motors

General Motors Corp. filed for bankruptcy on June 2, 2009, as the Zionist-run Obama administration provided unprecedented federal funding and oversight. The bankruptcy filing by GM was the third-largest in American history and the largest ever in U.S. manufacturing. Now that GM is facing restructuring, its assets will be taken over for pennies on the dollar. The notorious corporate raider Carl C. Icahn, for example, is reportedly looking at taking over Delphi Chassis Systems.

So, how did GM go bankrupt? If one looks at the sales figures for GM, it simply does not make sense. In 2007, GM was the largest producer of vehicles in the world, manufacturing 13 percent of the total, and had the largest slice of the U.S. car and truck market with 23.4 percent of domestic sales.

Globally, GM sold 9.4 million cars and trucks in 2007, an increase of 3 percent over 2006. GM's 2007 tally was, in fact, the second best global sales total in the company's 100-year history and marked the third consecutive year the company had sold more than 9 million vehicles. That doesn't sound like a company on the brink of collapse, does it? In its 100-year history GM had been through much worse downturns, such as the Great Depression and the Second World War, yet GM managed to survive and thrive. What is so different about the management at GM in the past few years that it caused America's biggest auto manufacturer to go into bankruptcy despite three consecutive bumber years of global sales?

Under Wagoner's leadership GM suffered more than $85 billion in losses -- losing $82 billion in the last 4 years! Why wasn't Wagoner replaced earlier? How was GM selling more cars than ever but losing more and more money? It simply doesn't make sense.

This photo is from the 2006 announcement of the Cerberus deal for a majority stake in GMAC in which Bernard Madoff's partner-in-crime, J. Ezra Merkin, became chairman of GMAC. Is Wagoner responsible for $85 billion in losses at GM - or was he just a useful idiot?

Chrysler was primarily owned (80.1 percent) by the private equity firm Cerberus Capital Management, L.P., headed by Stephen A. Feinberg and Jacob Ezra Merkin. Cerberus is named after the mythological three-headed dog of Hell.

GM sold 51 percent of GMAC in 2006 to Feinberg's private equity firm Cerberus Capital Management LP, and Jacob Ezra Merkin became chairman of GMAC. Had the merger gone through, Feinberg and Merkin would have probably become majority owners of both GM and Chrysler. This appears to have been the plan. Feinberg and Merkin, the owners of GMAC, had plundered and conspired to bring down GM so that they could take it over.

Ezra Merkin became a controlling owner of Israel's Bank Leumi shortly before he got his hands on GMAC in 2006. Here he shakes the hand of the notorious war criminal Ariel Sharon as he hands him a check for $500 million. Ehud Olmert (center) held secret meetings in New York City on September 10, 2001. Merkin's private Israeli bank has a branch in Switzerland that contains billions of stolen dollars held in secret numbered accounts.

Merkin is clearly a criminal. He is one of the key players of the multi-billion dollar criminal fraud carried out by Bernard Madoff. Merkin secretly diverted untold billions to Madoff's fraudulent investment fund. One of Merkin's funds lost $1.8 billion of investor cash with Madoff. Merkin was seen as "the Golden Boy controlling the Golden Goose."

It was reported on December 30, 2008, that the U.S. Treasury would provide $6 billion more for GMAC, headed by Merkin and the extremely secretive Feinberg. Feinberg is so secretive his Who's Who biography says he is deceased!

The U.S. Treasury was reportedly buying a $5 billion stake in GMAC and lending $1 billion to GM. This "loan" was in addition to $13.4 billion of taxpayer dollars the Treasury had already lent to GM and Chrysler LLC. Once again, a plundered and bankrupted company was being "bailed-out" with taxpayer funds.

Merkin had been chairman of GMAC since November 2006. GMAC reportedly lost nearly $8 billion while Merkin was in charge. Despite Merkin's huge losses at GMAC and his involvement in the Madoff criminal scam, the U.S. government evidently had no problem providing billions of taxpayer dollars to Merkin, whose Ariel Fund was one of the largest funds feeding billions to Bernie Madoff's financial black hole. Madoff reportedly "lost" some $50 billion, or more.

Jacob Ezra Merkin, orthodox Jew and devoted Zionist, finally resigned as chairman of GMAC on January 9, 2009. How was Merkin allowed to remain in control of the privately-held GMAC operation for so long despite his history of financial fraud?

GMAC is a very interesting operation. A wholly owned subsidiary of General Motors since 1919, GMAC provided customers with more than $1.4 trillion in credit to finance more than 162 million vehicles. Originally designed to provide financing for people buying GM vehicles, it branched out into other fields, such as real estate. GMAC Commercial Mortgage (GMACCM), for example, provided the funds for Larry Silverstein and the former Israeli commando Frank Lowy to take over the World Trade Center in July 2001. The towers served as the collateral. GMAC Commercial Mortgage sold $563 million in bonds backed by a loan to Silverstein Properties for its purchase of the towers. If Silverstein and Lowy were part of the conspiracy to destroy the World Trade Center, the people controlling GMACCM would probably also be. Who was controlling the purse strings at GMAC in 2001 when Silverstein was negotiating to obtain control of the World Trade Center?

Feldstein became treasurer of General Motors in November 1997, and was elected vice president the following month. In June 2001, Feldstein was named General Motors' vice president, finance, and corporate treasurer. When GM and GMAC failed in 2008, Feldstein went to work for Feinberg and Merkin at Cerberus, joining the team named after the three-headed dog of Hell. At Cerberus, Feldstein was made executive vice president.

By this point, GM was well on its way to losing $85 billion - all during Feldstein's term as GM corporate treasurer and vice president in charge of finance.

GMAC Commercial Mortgage Corp., under the leadership of Donald Feldstein's son, provided an $800 million loan to fellow Zionists Silverstein and Lowy to back their bid for the soon-to-be privatized World Trade Center in the summer of 2001. This privatization deal, initiated by the Zionist Ronald Lauder and managed by Lewis Eisenberg of the Port Authority, was finalized at the end of July 2001. The WTC complex was finally put into private hands – Zionist hands – only 6 weeks before it was demolished and pulverized with super-thermite.

www.bollyn.com/index.php#article_11148

---

Quote:

---

Originally posted by oldenglanddry:
Yawn.

---

Quote:

---

Originally posted by out2theblack:
I've been following this story a longish time now , and it's still amazing that there is such a broad and deep denial of inconvenient facts about these events .

A lot of folk noticed molten metal guttering out the corners of the towers prior to their collapse into their own footprints .

But it seems a lot more folk didn't notice such things , or the fact that WTC7 came down late the same day , despite not having been struck by an aircraft...

---