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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (566716)5/17/2010 3:06:43 PM
From: Tenchusatsu  Read Replies (1) of 1579819
 
Al, > We got all that money back with profit

No we didn't. Read your own article:

> The auto maker last year received $50 billion in U.S. government loans. The company has repaid $6.7 billion ahead of schedule, but the big payback won't come until GM goes public and the government can begin selling its majority stake in the auto maker.

That will be the real trick. Getting the public to value the shares GM offers at IPO-like levels.

Tenchusatsu
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