Quote:
Originally Posted by truth411
For Hylton
The best post in this thread. Bottom line the 6.7 billion that the Gov. gave GM has been returned to the Gov!!! all that there is left is for GM to go public and have the Gov. sell its 61% ownership. then case closed.
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Xanthos explanation is not what happened here. You, he and others here think that GM has reduced it's debt by this transaction but I believe it hasn't.
You believe that GM paid back money it had sitting in the bank and I am not going to convince you otherwise so let's just see how this shakes out in the next few days.