GM - Now known as Government Motors.
At Friday's closing price of $24.14 meant the US would 'LOSE' about $15 billion on the GM bailout.
- To break-even it would need to reach $53/share.
The US Treasury says it would consider selling its shares in the 30's.
- Your tax Dollars at work. Kinda, sorta.
Tuesday, 18 September 2012
Government Motors...............from Rico
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