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Reply #5: G.M. has already paid back the loan part and w/ interest .... last spring [View All]

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Botany Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-11-10 06:31 PM
Response to Reply #4
5. G.M. has already paid back the loan part and w/ interest .... last spring
Something like 15 billion dollars .... the 40 or 50 billion dollars that was the value of the
stock that the U.S. Government owns/bought in G.M. will be paid back and w/ interest
from the capital raised by the I.P.O. when they are allowed to sell stock again in the
company.
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