• fb_1452642547 avatar Ken Posted: 2/28/2012 12:14am PST

    And should their Profits go refunding to "We the People" who paid the taxes that saved Government Motors? Guess not since their primary focus seems to bonuses for the Unions.

  • jeffhre avatar jeffhre Posted: 3/22/2012 6:28pm PDT

    So let me get this straight, you hate unions so much, that you would exclude any and all facts?

  • SCOOBY3R avatar SCOOBY3R Posted: 2/23/2012 6:31am PST

    Great news! So this must mean the GM will start paying down the $23 Billion they still owe American taxpayers...right?

    Oh, yeah, forgot what company I was talking about.

  • richard avatar Richard Posted: 2/23/2012 8:13am PST

    Technically, GM repaid its loans in April of 2010. The remaining balance of the bailout funds were converted to stock, which the federal government holds.

    In other words, GM would argue that it has already paid back the money that's due to the feds -- though if the feds were to sell their shares in GM today, they'd come out at a loss.