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GeneralMotors

Three Card Monty at GM

Three Card Monty at GM

By Jeff Nolan on November 17, 2009

I read this and shook my head in amazement at the limited financial acumen of reporters covering business.

General Motors, encouraged by its improving financial situation, could repay all of its $6.7 billion in loans from U.S. taxpayers by the end of next June, the company’s top executive said Monday.[From With $42B, GM moves […]

Posted in Business, Featured Posts | Tagged auto industry, bailout, bankruptcy, Canada, debt, detroit, GeneralMotors, gm, treasury, VEBA trust

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