Wednesday, May 5, 2010

How GM Paid Off Their Loan



Recently General Motors claimed to have paid off their $4.7 billion loan the government lend them a few years ago.  But a company who had almost $2 billion in losses, is not going to be financially able to do so on their own.

Now we know the truth:




Any Questions?

2 comments:

Holger Awakens said...

GM could be offering up a brand spanking new 2011 Silverado pickup for $2,995 and I wouldn't buy it. Didn't Obama say he didn't want to own a car company?

WomanHonorThyself said...

Didn't Obama say he didn't want to own a car company?..heh