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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Hope Praytochange who wrote (29546)4/21/2010 1:31:11 AM
From: DuckTapeSunroof  Read Replies (4) | Respond to of 103300
 
GM Accelerates Loan Repayment

WSJ --- AUTOS
APRIL 20, 2010
BY SHARON TERLEP
online.wsj.com

General Motors Co. plans to disclose Wednesday early repayment of its remaining $4.7 billion in U.S. government loans, a step toward shedding the stigma of last year's federal bailout, a person familiar with the matter said Monday.

GM Chairman and Chief Executive Edward E. Whitacre Jr. believes repaying what is left of its $6.7 billion U.S. Treasury loan is a critical step toward winning back U.S. customers....