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GM: Bailout repayment could take years

Discussion in 'The Coffee Shop ~ Chit Chat' started by ChevyFan, Sep 16, 2010.

  1. ChevyFan

    ChevyFan Administrator Staff Member 1000 Posts

    General Motors' new CEO says it's likely to take a couple of years for U.S. taxpayers to get their bailout money back.

    More...
  2. auzivision

    auzivision New Member

    Always wonder why they called this a bailout when the automotive companies are on the hook to pay the money back and until then... the US tax payers own a controlling interest in the company. Now the bankers (and insurance companies) got bailed out and were handed a clean slate. I wish they (PR wire) would distinguish between the two.

    On a positive note, I heard Comcast cable topped the list for America most hated company and the automotive companies have slipped quietly off the list:

    http://www.businessinsider.com/most-hated-companies-in-america-that-arent-bp-2010-6
  3. clgoch187

    clgoch187 New Member 100 Posts

    yup comcast blows.........theyre a bunch of crooks.

    and i thought gm was well on their way to paying us (not really, just the money hungry gov't) back

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