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Old 05-05-2010, 04:37 PM   #61
transmaro93
 
Join Date: Dec 2004
Location: manchester, NJ
Posts: 1,775
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Quote:
Originally Posted by SteveR View Post
Elizabeth Warren, the Chairwoman for the Senate Oversight Committee for the TARP Program confirmed what I heard, that GM instead of repaying the loan with cash, traded a large percentage of debt for virtual stocks and she said "those GM commercials (referring to the ones about GM paying back the loan with interest) aren't true".
hmm i wonder if beck was lieing and making this up too when he reported on it.... cant anybody tell the truth anymore... people aren't as dumb as these govt and big business big wigs think we are. Just say that we are looking toward an upward direction and hope it keeps on and we will someday make a turn around. I really think the govt has no plans to let GM go.... but thats just my 2 cents
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