crbr
Veteran Member
Thank you. Seems like I have heard this previously.Maybe you are the one who should listen a little better. Everything I have read is they are only paying back a very small part of the money given back. Of the 50 billion plus given they are only paying back 6.7 billion. The way the bankrupcy was handled was really not right either. Basically a gift to the unions. Bond holders and other secured investors were stuck with both GM and Chrysler. GM is now government owned and will be for a very long time. I also will not be buying anything GM or Chrysler due to the way it was handled.
Morning Report: GM Will Pay Back Loan Early; TARP Likely To Remain Through 2011 - Planet Money Blog : NPR
Bondholder furious over GM bankruptcy amFIX - CNN.com Blogs
GM Bankruptcy Watch: The ?Main Street? Bondholders - Rick Newman (usnews.com)
A dose of the real deal. It's still a bottomless pit. Talk to the O in D.C. now..... He's your new GM CEO.
Don't get mad at me. I didn't vote for him...