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Old 01-25-2012, 09:01 PM
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bigrun bigrun is offline
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Originally Posted by wiphan View Post
I forgot did gm pay back all of the money the government gave them?

Did ford get any govt money?
GM has paid all but 2 billion back.

Ford didn't get any...
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Old 01-26-2012, 08:40 AM
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wiphan wiphan is offline
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GM has paid all but 2 billion back.

Ford didn't get any...
Does the government still own part of GM?
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Old 01-26-2012, 09:45 AM
Clip-Clop Clip-Clop is offline
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Does the government still own part of GM?
You mean the taxpayers, right?
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Old 01-26-2012, 09:52 AM
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You mean the taxpayers, right?
My bad, yes the tax payers own a portion of GM, correct? Which is currently underwater I believe based on the acquisition costs. We should all stand up and cheer. I know when I own a stock that is underwater I applaud myself for making such a smart financial decision
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Old 01-26-2012, 10:00 AM
Clip-Clop Clip-Clop is offline
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My bad, yes the tax payers own a portion of GM, correct? Which is currently underwater I believe based on the acquisition costs. We should all stand up and cheer. I know when I own a stock that is underwater I applaud myself for making such a smart financial decision
It would have been a smart decision had we jumped in and back out right before the bailing began. Now I feel just a bit duped. And a little dirty.
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