Chevrolet Corvette Stingray C7 Forum - View Single Post - GM Reports Q1 Earnings: $856 Million PROFIT

Berean · 05-17-2010, 11:43 AM

While it may be good news, it isn't earth shattering. 865 million is barely over 1.5% of the 50 BILLION in government bailout money they have to pay back.

We won't even go into the billions the SECURED bondholders got screwed out of by the government imposed bankruptcy.

05-17-2010, 11:43 AM	#12
Berean Drives: Truck Join Date: Apr 2010 Location: Home Posts: 2,439	While it may be good news, it isn't earth shattering. 865 million is barely over 1.5% of the 50 BILLION in government bailout money they have to pay back. We won't even go into the billions the SECURED bondholders got screwed out of by the government imposed bankruptcy.