Government strategy at its finest.
Company losing money, lets pump it full of cash and get 4 billion worthless warrants.
Company makes money, lets shut it down now before the warrants appreciate.
Maybe Uncle Sam needs writeoffs? Duh....I have headpain.
I guess they can use it to help pay for the 5 billion loss they are taking on GM when they seel their shares because it is n the best interest of the company, investors and ecomony..
I have headpain too!