GM still owes government

GM still owes government

There are 2 comments on the The News-Star story from Nov 3, 2012, titled GM still owes government. In it, The News-Star reports that:

According to a story in the Wall Street Journal, dated on Sept. 17, this is not quite the case, and I quote, "U.S. taxpayers kept the nation's largest automaker by sales afloat with a $50 billion bailout in 2009 and now own 26.5 percent of the Detroit company." The article further states, "Earlier this summer, GM floated a plan with the Treasury ... (more)

Join the discussion below, or Read more at The News-Star.

David Puddey

Panama City, FL

#1 Nov 3, 2012
Obama, 3 more days left to spent taxpayer money! Obama will go down as worst president in modern times!
GoverMentNot4The People

Pottstown, PA

#2 Jun 15, 2013
Is this why GM tells it's customers you will be gouged when you buy GM parts.

I heard they are making GM car buyers sign paperwork they are in business to make a profit so when don't complain about the high GM parts prices when you get your car repaired.

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