GM reports $2B profit ahead of its stock IPO
Join the discussion below, or Read more at USA Today.
#1 Nov 10, 2010
Thank you President Obama,
the greatest president since FDR.
#2 Nov 10, 2010
dont thank him, thank the taxpayers!without them there would be no GM! I'll thank him when we get the 50 billion back, not until! I know Oduma is an idiot!
#3 Nov 10, 2010
Thanks to Pres Obama many thousands of US jobs were saved. Things would be much worse if we taxpayers haden't bailed them out.
With a IPO ready to go, one would not expect them to show a loss.:)
We can hope the IPO goes well, because selling their stock will help us taxpayers someday get our $ back.
#4 Nov 10, 2010
I hope you're right, and we do get our money back, but if factor all the breaks GM has received, I would guess over 200 billion,with abatements, with that said,if they cant make it now,there on there own! NO more bailouts!
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