E.Whitacre announces GM pays back US Treasury
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E.Whitacre announces GM pays back US Treasury
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http://www.facebook.com/video/video....0887864&ref=mf
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its funny when they were asking for the money it was front page news and on every news channel as top story....
here they are paying 5 YEARS!! ahead of schedule and its a 20 sec story befor sports on the 10' o clock news...
<<<---works at a gm dealer
here they are paying 5 YEARS!! ahead of schedule and its a 20 sec story befor sports on the 10' o clock news...
<<<---works at a gm dealer
#6
What dealer do you work @??? Im looking a new camaro in burleson.......
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They were only loaned $8.1 Billion, which they paid back yesterday. The rest of the money was stock that the government bought. They own about 60% of GM, and they will get all the money back when the company goes public again. With all the sales and momentum they have going, the IPO should be early next year.
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They were only loaned $8.1 Billion, which they paid back yesterday. The rest of the money was stock that the government bought. They own about 60% of GM, and they will get all the money back when the company goes public again. With all the sales and momentum they have going, the IPO should be early next year.
ah..so the direct loan was 8 billion and the 50 billion in aid was the government buying stock??
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Yeah they bought like $45 Billion in stock, giving the U.S. government controlling share in the company. When they go public again, they'll get the money back by selling it back to the public
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hmm i wonder what we're going to air today, hey boss why dont we do a clip about gm paying back the gove 8 billion... mmmm nah **** that just do an extra 2 min on the volcano in iceland, oh and then the other 2 min on how the airlines are looseing 2 billion because of it... muahaha that should make some great stats...
the media are blood sucking hounds!
#18
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LMAO, laying off people and paying back 8-9 Billion of the 45+ is not paying back what Tax payers put in.
I used to be hard core GM, **** that. Ford is more american than GM will ever be now.
I used to be hard core GM, **** that. Ford is more american than GM will ever be now.