GM says it doesn’t need $2B from government

Discussion in 'The Coffee Shop ~ Chit Chat' started by ChevyFan, Mar 12, 2009.

  1. ChevyFan

    ChevyFan The Sheriff Staff Member 5+ Years 5000 Posts

    General Motors Corp.’s chief financial officer says the company will not need the $2 billion loan installment for March that it requested from the U.S. government in February.

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  2. mild83

    mild83 New Member

    In all honesty, I think that it is just a ploy to boost confidence in GM. Similar to what I believe citi just pulled the other day when reporting the pforifts for the first two months of this year.
     
  3. Mindi51982

    Mindi51982 Rockstar 100 Posts


    I don't think that they can bluff if a company is profitable or not??? Especially when it comes to investors? I'm not sure though...
     

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