Back about Oct 2006 I remember reading articles that analysts were screaming at GM too cut there debt load.
GM balance sheets were showing green every place in the world other than the USA. So did GM use the USA for all there debt on the books so the rest of the world operations would look good???
At that time GM had inquired of the SEC about delisting off the NYSE. That one was a shocker for me.
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Today's Featured Article - Tractor Hydraulics - The Basics - by Curtis Von Fange. Hydraulics was one of the greatest inventions for helping man compound the work he can do. It’s amazing how a little floor jack can lift tons and tons of weight with just the flick of a handle. What’s even more amazing is that all the principals of hydraulic theory can be wrapped up in such a small package. This same package applies to any hydraulic system from the largest bulldozer to the oldest and smallest tractor. This short series will take a look at the basic layout of a simple hydraul
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