From Forbes in August of 2012.:<quoted text>
Top 10 selling autos, Ford 3 positions in top 10, 1, 3 and 6. GM, government motors, 1 entry, GM, government motors 2, Chrysler 0 entries. GM is doing great with 35 billion in American taxpayer dollars and they have not repaid a dime.
Tax payer dollars should not be used to bail out unsuccessful businesses.
"repaid $23.1 billion of the $49.5 billion it got from the U.S. Treasury, including all of its outstanding loans. But Treasury still owns 500 million shares, or 32%, of GM stock. To recoup its full investment, GM stock needs to hit $52.80 per share. Itís currently trading around $21."
So, dumbass Eed, want to reise your GM statements?
Just think where we would be today if we would have supported & saved our steel industry in the 70's.