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I'm staying in GM Headquarters in Detroit! I'm so excited!

Discussion in 'Fred's House of Pancakes' started by That_Prius_Car, Jul 11, 2010.

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  1. daniel

    daniel Cat Lovers Against the Bomb

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    The government gave GM a shitload of money. Something like a tenth or less of that was designated as a "loan." The rest was a stock purchase. But since the government chooses not to exercise its voting rights on that stock, that money was in effect a gift. GM has paid back the portion designated as a "loan" but still has the other 9/10 of what we the taxpayers gave them. :mad:
     
    #21 daniel, Jul 14, 2010
  2. mojo

    mojo Senior Member

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    #22 mojo, Jul 14, 2010
  3. hill

    hill High Fiber Member

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    [​IMG]

    . . . . . not to be confused with a coney island whitefish

    [​IMG]
     
    #23 hill, Jul 15, 2010
  4. ursle

    ursle Gas miser

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    Right, what were the numbers, gm got 50 billion and are valued at 17 billion, that's what I call fast hands...
     
    #24 ursle, Jul 15, 2010
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