Subj : Re: http://www.bailoutcost.com/
To   : All
From : ?@gmail.not
Date : Thu Jan 31 2019 19:20:08

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From: ? <?@gmail.not>
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misc.survivalism,talk.politics.guns,ca.politics,dfw.politics,az.politics
Subject: Re: http://www.bailoutcost.com/
Date: Mon, 17 Sep 2012 13:58:26 -0700
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On 9/17/2012 12:24 PM, shovel-ready wrote:
> On 9/17/2012 12:59 PM, ? wrote:
>> http://www.bailoutcost.com/
>> The greatest business mind in the world, Barry Soetoro saved GM from
>> Chapter 11. He never did understand that America has Federal Bankruptcy
>> Laws and courts. What an ass hat.
>
> http://online.wsj.com
>
> AUTOSU
> pdated September 17, 2012, 12:13 p.m. ET.
> U.S. Balks at GM Plan
> Government Is Reluctant to Sell Auto Stake at a Huge Loss
>
> At GM's Friday share price of $24.14, the U.S. would lose about $15
> billion on the GM bailout if it sold its entire stake. While GM stock
> would need to reach $53 a share for the U.S. to break even, Treasury
> officials would consider selling at a price in the $30s, people familiar
> with the government's thinking have said.


Which is way the Kenyan village idiot should have stayed out of things 
he doesn't understand. We have bankruptcy laws that work just fine for 
allowing businesses to recover. Obama is an ass hat.
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