Sunday, November 20, 2011

One Year After the GM IPO…How is Our $50 Billion Investment Looking?

"Whiteacre was not lying. LOANS were paid back. Loans…not the $50 billion dollar investment. There is a difference.



The loans Whiteacre was speaking of were just a small portion of the $50 billion dollar bailout. In fact, they were less than 10 percent of the total package. And the sources of the money used to pay off those loans is also an important story."

Reason.tv provides a simple and graphic explanation of the facts of this reported payback of the loan.

http://www.theblaze.com/stories/one-year-after-the-gm-ipo-how-is-our-50-billion-investment-looking/

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