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2012-12-20 Economy
Treasury announces GM exit strategy
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Posted by Fred 2012-12-20 00:00|| E-Mail|| Front Page|| [6471 views ]  Top

#1 The not so hidden costs of the Ohio and Michigan Obama re-election campaign:

TARP was approved by Congress as a $700 billion program, though Treasury eventually disbursed $418 billion. On Wednesday it said it had recovered $381 billion to date, or about 90 percent.
Posted by Besoeker 2012-12-20 03:52||   2012-12-20 03:52|| Front Page Top

#2 "The exit plan may prove to be a boost to GM's lagging stock price and to some car buyers, "

Or not. Maybe the gummint is bailing out because the company is a money black hole. They already got their cut, anyway.
Posted by twobyfour 2012-12-20 05:15||   2012-12-20 05:15|| Front Page Top

#3 Election is over chumps. Time to move on. Other soul sellers need to be serviced.
Posted by P2Kontheroad 2012-12-20 07:54||   2012-12-20 07:54|| Front Page Top

#4 taxpayers will almost certainly lose billions of dollars in the $49.5 billion GM bailout - and the government would need to sell its remaining shares for about $70 each to break even.

Another hosing of the taxpayers. The bondholders got nailed the first go around. The unions made out O.K. as Obama paid them back for their votes. An additional hosing of the taxpayers who didn't like or vote for Obama.
Posted by JohnQC 2012-12-20 09:33||   2012-12-20 09:33|| Front Page Top

#5 $5.5 billion was it? ......How much are those Sandy victims asking for again ?
Posted by Besoeker 2012-12-20 09:40||   2012-12-20 09:40|| Front Page Top

#6 Fred, don't be dogging on Ford. They have worked outside of the Obama bailout machine. I am disappointed that your graphic includes Ford in it.
Posted by rammer 2012-12-20 23:49||   2012-12-20 23:49|| Front Page Top

23:49 rammer
20:54 JosephMendiola
20:38 Barbara
20:38 JosephMendiola
20:34 Airandee
20:34 JosephMendiola
19:51 Dopey Sinatra9196
19:39 Raider
18:41 Airandee
18:00 Pappy
17:30 tipper
17:24 swksvolFF
17:24 tu3031
16:49 Frank G
16:48 Frank G
16:40 Raider
16:39 AlmostAnonymous5839
16:38 CrazyFool
16:36 swksvolFF
16:28 Deacon Blues
16:22 CrazyFool
16:20 CrazyFool
16:19 Besoeker
16:05 JohnQC

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