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rm «st ttt ttt ee 415 Public Debt, Net Worth vs. Peers = st ttt tt ttt 416 Lessons Learned From Historical Debt Crisis - -- +--+ +++ eet etree 422 General Motors -- tt tt 431 Summary «ct ee 437 Appendix -- ss ttt 453 Glossary «tt ee xix Index + # @ #e eee we eee ew Ew ww ew ew ew ew ee ee Xxvii CB www.kpcb
are “trapped” because they owe more than their houses are worth, so they cannot move to take another job — until they sell or walk away. KP Source: Richard Berner, “Why is US Employment So Weak” (7/23/10), Morgan Stanley Research. (@)E) www.kpcb.com USA Inc. | Income Statement Drilldown 127 Unemployment Benefi
of GDP) 1998 — Russia ($73B — 27% of GDP) State / Local Financial Woes 1975 — New York City ($14B* Debt Outstanding) Corporate Bankruptcy 2009 — General Motors ($95B Debt Outstanding) Note: 1) Attributed to Mark Twain. *NYC government and subsidiaries had $14B debt outstanding in 1975. Adjusting for inflat
vocational training/education and/or 3) Encourage inward foreign direct investment, “onshoring” which would increase domestic employment KP Source: Richard Berner, “Employment Prospects and Policies to Improve Them’ (2/26/10), Morgan Stanley Research. (@E) www.kpcb.com USA Inc. | What Might a Turnaround Expert
UMBER SYSTEM aMms Lawrence AGEE Plaintiff, Vv. Richard GRUNERT, M.D., Chris Fuku- da, M.D., Fletcher Allen Healt
fully directed” his activities at the United States by sup- porting al Qaeda. Plaintiffs also submit that Mr. Aljomaih’s company does busi- ness with General Motors and Shell Corpo- ration and that, therefore, he must have had contacts with the United States. See Opp. at 11; Statement of Jamie L. Paye attached to
Page: HOUSE_OVERSIGHT_017882 →Entities connected to both General Motors and Richard Berner

Barack Obama
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United States
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Bloomberg L.P.
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Federal Reserve
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U.S. Treasury
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Ethiopia
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New York City
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Medicaid
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Hungary
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Freddie Mac
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the United States Government
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Pew Research Center
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Bureau of Labor Statistics
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