05-09-2011, 08:15 PM
|
#14
|
|
Guest
Join Date: Jun 2009
Location: PA
Posts: 4,812
|
Quote:
Originally Posted by Libertyforall1776
I see sources that 60% was US Govt. and 12% Canadian Govt. right there that is 72%... and surely more that is not as easy to delineate, like the $2.1 billion in preferred stock US Treasury owns, etc...
http://online.wsj.com/article/SB124380079212769963.html
Let's not forget former GM-owned/founded GMAC, now called Ally, bailed out for $17.2 billion -- which Treasury owns a 73.8 percent stake in...
Also regarding the $6.7 Billion in loans GM "payed back", in an April 21, 2010, interview on the Fox Business Network, GM's vice chairman, Stephen Girsky, was asked if GM is just paying the government back with government money.
"That is, in effect true," Girsky said.  |
You site an article that is almost two years old and has nothing to do with what GM is doing now. I think it is time for you to find a new cause to cling to.
|
|
|