Quote:
Originally Posted by 1badSS/RS
So, GM didn't use this loaned money and gave it back??? Is that what they are saying? If so, what is the problem?  |
$56 billion were borrowed initially, the $45 of which was converted to stock to be made public later. The remaining monies were paid off essentially because they didn't use much of it and or the cash flow for them has really been that good.