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Old Jul 06, 2012, 07:38 AM
logan5 is online now
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Houston Ellington, Texas, United States
Joined Feb 2001
312 Posts
Quote:
Originally Posted by Pipemajor View Post
Your article is 2 years out of date.
And still relevant ... Seeing as how the main vehicle for paying off the loans was via stock sales when the company went public again .... But when your holding shares that are a third less in value than when you purchased it .... You're not going to get much of anything back.

Plus the article explains how GM went around telling people it "paid" its loans back .... Which we now know was a shell game .... Well .... At least those of us not carrying Pom poms know it.
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