Taxpayers want the full bailout paid back. GM will go bankrupt again before that happens! They cheated bondholders stockholders and now the taxpayers! Only people who make money on this stock is when insiders sell their free shares! Insiders dont even have faith in their own company!
A company that does to its stock and bondholders and the US taxpayers never should be admired or supported. It is a disgraceful example of crony Capitalism and pro unionism at its worse.Just watch what happens. This is not over yet.
Even if we do lose money on GM I would rather lose money helping other Americans keep their jobs than see the hundreds of billions we lose rebuilding the rest of the world like Iraq, Afganistan, Eygpt,and Israel to just name a few. Wouldn't you?
Profit on their investment??? Hahaha So many deals have been done to prop up suppliers and everyone else that it's almost impossible to even figure out how much has been spent along with all bond holders and stock holders who lost a huge amount of money. There is no profit to be made here.