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Reply #10: Over $50 billion provided. [View All]

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Igel Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-07-10 10:20 PM
Response to Reply #3
10. Over $50 billion provided.
When the loan's repaid and the decks are clear, there's still more than $40 billion that the government's put into GM. In exchange for stock yet future.

All the news is that the small loan is returned, not the big investment.

Of course, we can quibble about whether the capital losses would actually have happened, or whether that helps investors. But that the score's nowhere close to settled when this loan is paid back isn't even up for serious discussion.
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