GM is 'Government Motors' no more
Four years after facing the possibility of its own demise, General Motors is free of the controversial government ownership that saved the Detroit automaker in 2009.
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#1 Dec 10, 2013
Not gubbermint motors anymore! Now you get to subsidize (10.5 billion loss) your neighbor who just brought home a made in mexico, shiney new chevrolet. And you piss and moan about feeding the poor. K M A!
#2 Dec 10, 2013
It is not too late for gm to pay back what they owe government.there should have been absolutely no profit sharing to employees,especially veteran workers who make far more than lower paid ones in 2 tier bologna. Any more profits should go directly towards paying usa govt back!whether it was agreed on or not,general motors owes 10 billion not million. Again,this should be priority.not bonuses and high paid executives until this is completely paid.after all,most assuredly, they would have collapsed without this handout.general motors,makes this a hand up,not a handout,,pay usa taxpayers back 10 billion! Thank you
#3 Dec 14, 2013
There are bankruptcies filed every day all across America. In most of the cases there are lenders that do not get paid back. It is part of the legal process.
There is an article here that goes deeper into the GM topic. I found it interesting.
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