GM loan repaid … say what??

[FreeRangeAuthor]

Ooops, I don’t think so ….

http://reason.tv/video/show/how-the-hell-did-gm-pay-back-i

Don’t you love clever, corporate accounting?

More detailed links in this post …

http://forums.seattletimes.nwsource.com/forums/viewtopic.php?f=53&t=163132&start=0&st=0&sk=t&sd=a&hilit=gm+loan

Share This

[Ken]

http://online.wsj.com/article/SB10001424052748704671904575194283935824908.html

You don’t even understand what an “equity stake” is do you.

No one even knows what happened to billions in the Bush 2008 bank bailout.

http://www.usatoday.com/money/industries/banking/2008-12-22-bailout-money-where_N.htm

http://www.cnn.com/2008/US/12/22/bailout.accountability/index.html

Two years later we know who got the cash but mostly not what they did with the funds.

(note the banks that paid the money back are mostly those who bought other banks, mortgage lenders and investment firms for pennies on the dollar using their TARP funds.)

http://money.cnn.com/news/specials/storysupplement/bankbailout/

Share This

[Author]

Posts