Like the hyped facebook, it will end in disaster and final bankruptcy- especially now seeing GM's pushing subprime loans on very low credit scores of 540 just to post "increased sales" naumbers for the Obama admin.
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how about the 50 billion in forgiven corp. taxes for 10 years. only in a socialistic country would this be allowed, I can only hope that gm goes broke and all that work for gm have to get a job and off welfare.i
With the pps about 19 dollars and economists say the pps needs to be in the upper 50's for us to break even, things do not look too good for GM to repay the $55 billion dollar bailout. (This does not include lost interest.) We the tax payer I understand are holding about 500,000,000 shares. What idiot put us in this position?