The Mudcat Café TM
Thread #129191   Message #2897703
Posted By: artbrooks
30-Apr-10 - 09:05 PM
Thread Name: BS: Still Government Motors...
Subject: RE: BS: Still Government Motors...
The "bailout" for GM included both a cash loan and some 60% of the company's stock. The loan has been repaid. The US government still owns the stock. Since GM isn't publicly traded right now, how can the Feds sell that stock to anyone, the company or anyone else?