12-05-2010, 08:20 PM
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#35
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Account Suspended
Drives: 07Taho, 11CamaroRS, 12CTSV Coupe
Join Date: Oct 2009
Location: MD
Posts: 705
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Quote:
Originally Posted by 8cd03gro
Yeah, ok buddy, go ahead and check. I've been here for years, why would I use some other name? Sorry you want to ignore the facts. The essence of a loan is the agreement to repay the loan in full. It is normal for the federal reserve to act as a lender of last resort for large corporations with a national impact. GM got $1.3B in loans from Germany for Opel, but I bet you didn't know that.
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U obviously don't kno my knowledge of what GM does doesn't do. GMDAT also got loans from S. Korea.
But there's the key word: LOANS. And like the U.S. repayment and Equity Swap, reduced by a rather successful IPO... the GMDAT loans just got payed off on Dec 1.
Of course not even talking about these Credit/Finance Loans, Ford still owes the U.S. Taxpayer $5.6 Billion from a DOE Loan... and Nissan still owes the U.S. Taxpayer .. YUP...:emoticon7: I said NISSAN, another foreign company, owes us almost $2 Billion.
But that's just par for the course... something we should... shhhhh.. not talk about
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