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2010-05-01 Economy

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Posted by 2010-05-01 08:55|| || Front Page|| [1 views ] Top

#1 The U.S. and Canadian government together own 72.5% of the company.

Does not seem to matter that most US taxpayers really don't WANT to own part of an auto company.

Posted by Besoeker 2010-05-01 09:26|| 2010-05-01 09:26|| Front Page Top

#2 They paid off a small amount of what they owe the government (i.e. taxpayer) with another line of credit from the government.

It's like telling your spouse - "Woohoo! We're debt free! (I just paid off the Amex bill with the Visa card)"

Posted by DMFD 2010-05-01 11:19|| 2010-05-01 11:19|| Front Page Top

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