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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Alighieri who wrote (566803)	5/17/2010 7:10:18 PM
From: Tenchusatsu	1 Recommendation Read Replies (2) \| Respond to of 1579841

Al, > and I did say "we probably will get most of the GM back too"...you didn't read my post. I did read your post, including that part. I thought you meant that most of what GM had to cut will be back. My bad. In either case, the market cap for GM peaked at around $60 billion back in 1999. No way GM can come close to that. Best they can hope for will be $30 billion, of which only a fraction of that will be owned by the government. I've already accepted the truth that we're now subsidizing the American auto industry. That's no big deal, but it does pour cold water on the news that GM "paid its debts back." Tenchusatsu