- Thread starter
- #1
ciprian
New Member
- 49
- 0
- 0
- Joined
- Jan 11, 2013
- Hoopla Cash
- $ 1,000.00
- Fav. Team #1
- Fav. Team #2
- Fav. Team #3
Looks like US Treasury is about to sell its remaining 300-million shares of General Motors stock (about 19% of the company).
But there's another interesting story to that, and i quote: "Obama officials are on record has having said that, even if the US Government ultimately loses money on the investment in GM stock – a virtual certainty according to the reports we've read so far – the jobs saved by the automaker bailout make this a net win for the country."
Cheesy?
US Treasury signals it will sell off remaining GM shares
But there's another interesting story to that, and i quote: "Obama officials are on record has having said that, even if the US Government ultimately loses money on the investment in GM stock – a virtual certainty according to the reports we've read so far – the jobs saved by the automaker bailout make this a net win for the country."
Cheesy?
US Treasury signals it will sell off remaining GM shares
