Gov't need 133.78 per share to recover GM money.

Discussion in 'Economics' started by peilthetraveler, Sep 22, 2010.

  1. TheMan


    Nice Trade OSAMA

    fucking hacks they all are
  2. businessstaxes

    businessstaxes Guest

    The gov't wants to get rid of their stake in Citigroup and GM. the gov't isn't interested in making a profit on their stake...the original stake was to prevent citigroup to go bankrupt and causing GM to go to receivership and laying off employees. if the US gov't hadn't bailout GM there would be no GM shut down factories and citigroup would be bankrupt and bought by another bank in chapter 11. it was to save jobs not to make a profit for gov't to have the stake.