Quote:
Originally Posted by Brokinarrow
My understanding was that a very large chunk of the 'loan' that GM received was in the form of the government buying a large portion of their shares. This will be bought back once GM starts offering their shares to the public again. I'll admit I'm not sure how this part will be handled, but unless they only release a certain amount of shares to the public, won't the 'break even' point be limited to how quickly the government sells its' shares?
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Correct, once the government sells off their shares in GM in the IPO, the remaining amount given to GM will be recovered.