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From: ?
Newsgroups:
misc.survivalism,talk.politics.guns,ca.politics,dfw.politics,az.politics
Subject: Re: http://www.bailoutcost.com/
Date: Mon, 17 Sep 2012 13:58:26 -0700
Organization: Wieslauf BBS
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Xref: news.eternal-september.org misc.survivalism:22634
talk.politics.guns:87049 ca.politics:5716 dfw.politics:262 az.politics:2468
On 9/17/2012 12:24 PM, shovel-ready wrote:
> On 9/17/2012 12:59 PM, ? wrote:
>> http://www.bailoutcost.com/
>> The greatest business mind in the world, Barry Soetoro saved GM from
>> Chapter 11. He never did understand that America has Federal Bankruptcy
>> Laws and courts. What an ass hat.
>
> http://online.wsj.com
>
> AUTOSU
> pdated September 17, 2012, 12:13 p.m. ET.
> U.S. Balks at GM Plan
> Government Is Reluctant to Sell Auto Stake at a Huge Loss
>
> At GM's Friday share price of $24.14, the U.S. would lose about $15
> billion on the GM bailout if it sold its entire stake. While GM stock
> would need to reach $53 a share for the U.S. to break even, Treasury
> officials would consider selling at a price in the $30s, people familiar
> with the government's thinking have said.
Which is way the Kenyan village idiot should have stayed out of things
he doesn't understand. We have bankruptcy laws that work just fine for
allowing businesses to recover. Obama is an ass hat.
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