GM posts its highest profit ever: $7.6 billion

[Danzig]

Originally Posted by geeker2

Uh I did "read the article "but what does that have to do with paying a bonus. My point is give me back my tax payer monies before we start dolling out a bonus.

Buy maybe I am just cheap with my hard earned money:-)

i said read it since you asked what percentage the govt owns...

you'd probably have to go back and read the details of the deal. i'm not sure if they have to buy back the stock, or pay back money. the govt may just end up holding onto their shares. i certainly don't see them selling it until the price is right...so, if that's the only way they/we can be paid back, bonuses are a moot point.