Tuesday, April 17, 2012

G.M. Back on the Road

Taxpayers are still in the ditch.

"GM rebounds with record $7.6b profit" by Tom Krisher  |  Associated Press, February 17, 2012

DETROIT - That’s good news for the US government, which still owns 26.5 percent of the company and needs the stock price to rise significantly before it can recoup all the bailout money....

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Related: GM said to spend $500m on bonuses