Forum Discussion
ktmrfs
Jan 07, 2016Explorer III
spoon059 wrote:45Ricochet wrote:
I'm pretty sure they are not two different companies. All profits go into the GM piggy bank :W
Profits...? What profits? If they made profits, the American taxpayers wouldn't be something like $50 BILLION poorer for having bailed them out...
gm repaid the gov't loan AHEAD of schedule with interest.
get your facts right. and yes, they make a profit. AND some good vehicles.
Govt ended up selling the remainder of gov't owned GM stock
and in the end it cost govt about 9B, NOT 50 B.
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