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TOPIC: The one company that didnt take a bailout...

The one company that didnt take a bailout... 9 years 6 months ago #386798

  • True
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Yeah, I thinking either Ford or Chevy at the moment. My family have been Chevy folk for the last decade (what I currently have).
"Leave Luck to Heaven"- Nintendo
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The one company that didnt take a bailout... 9 years 4 months ago #389559

Gene Starwind;386680 wrote:
AIG would be a good long play right about now.
Gotta bump this.
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The one company that didnt take a bailout... 9 years 3 months ago #389649

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Meanwhile in bailout land..GM's Phony Bailout Payback
In short, GM is using government money to pay back government money to get more government money. And at a 2 percent lower interest rate at that. This is a nifty scheme to refinance GM's government debt—not pay it back!
Wheeee.. :rolleyes:
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The one company that didnt take a bailout... 9 years 3 months ago #389660

The Fed isn't a loan office, but apparently they are for big corps. More reason to vote Ron Paul.
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The one company that didnt take a bailout... 9 years 3 months ago #389673

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It's pretty simple math. A bit was an actual loan, while the rest was purchasing shares. I frankly hate that my tax dollars went toward this and think GM needs to go bankrupt. Sadly now our governments have a large stake in the company so if they did, it would be a huge loss to both countries. Total fucking bullshit. Companies shouldn't be allowed to get so big that a national economy will collapse if they do. Fucking Capitalism. It's too bad every other ideology has been shown to be worse because this system SUCKS.
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