Quote:
Originally Posted by Brokinarrow
How was the commercial deceptive? I really fail to see this, no matter how many internet articles are posted. The loan was paid back. Fact. Period. Simple. So they paid it back with loan money? So what? That shows they are doing well enough that they didn't need the rest of the loan. Why is this a problem?
|
That's just it...it's NOT loan money they paid it back with. It was THEIR money. You know the stocks the Treasury bought? What did they buy it for, Hershey kisses? No -- It was an exchange for cash.
THEIR cash...until the shares are sold off and they must pay out. But until then, it's General Motor's money, same as if you pawned a belonging for $100. That's how the stock market works.
A loan is a different financial item altogether and the two shouldn't be confused.
It's NOT misleading, definitely NOT deceptive...and this needs to stop.