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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Katelew who wrote (406118)1/23/2011 9:38:13 AM
From: J.B.C.9 Recommendations  Read Replies (2) | Respond to of 794221
 
If it were, GM wouldn't have been sold back to the public like it was.

What happened to the original shareholders, were they made whole? How about the bondholders? Making such a statement obfuscates what really took place. Does the government own shares in the "new" GM? Was the taxpayer made whole?

The answer to my four questions, in order; NO, NO, YES, NO.

This was not an honest transaction.


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