Golf&GM

iTrader: (22)

I think he does, but it's Obama who is taking credit for "saving" the auto industry because the deal became official while he was in office. Even though the admin before him pretty much put the whole thing together, he blames them for the problem and then takes credit for their solution. It's the way of politics...

I think greed is playing a big a big role here. Of course the higher ups at GM would want to pay back the loan early. They get the benefit of higher salaries AND their stocks are low right now compared to where they will be. It sucks the gov has a stake in this, but it's nice they're applying some business sense we don't lose our tail on the loans.

Selling off the shares at this point would be equivalent to another major billion dollar bailout, at taxpayer expense.

got-a-ls1

iTrader: (12)

give gm back their shares. cut off all these 3rd world countries with the billions give them and they still hate us. lol the 10-20 billion the govt would lose from gm is such a little amount compared to the money they waste everyday

texas94z

There is no way the government under this administration will sell the GM shares at the low price and take a huge loss.

2nd Gen Fl 'bird

iTrader: (13)

Well said.