WebMay 4, 2010 · "In short, GM is using government money to pay back government money to get more government money. And at a 2% lower interest rate at that. This is a nifty scheme to refinance GM's government debt--not pay it back! "GM boasts that, because it is doing so well, it is paying the $6.7 billion five years ahead of schedule since it was not … WebUsed Car Dealers Auto Loan Providers. 806 W 8th St. ... 4533 County Rd. Quality Motors. Car Dealers Tires Used Car Dealers. 2024 W Main St. Drive Now Coffeyville. Used Car …
How GM Paid Back Its Loan From the Government - SeekingAlpha
Web186K views, 4.2K likes, 81 loves, 854 comments, 8.6K shares, Facebook Watch Videos from Open Voice: More Pieces of The Puzzle on How The 0.1% Have Taken Over The World A Comprehensive Explanation... WebMay 11, 2013 · Technically, GM has already paid back its $49.5 billion bailout loan. It's tired of being called "Government Motors". But the name has stuck -- and when all is … eared flask crossword
General Motors Pays Back $8 Billion to Taxpayers Ahead of Schedule
WebApr 22, 2010 · Earlier today, General Motors announced that the company paid $4.7 billion to the U.S. government and $1.1 billion to the Canadian government, fulfilling its obligation agreed to when it received its initial bailout funds. In total, GM received $52 billion from the U.S. government, but only $6.7 billion of this amount was considered a loan. The ... WebApr 21, 2010 · GM completed the repayment of its loans from the U.S. and Canadian governments by paying the outstanding balances of $4.7 billion and $1.1 billion respectively. Whitacre was scheduled to meet ... WebMay 7, 2015 · In reality, GM’s claim about paying back bailout money is misleading. Much of the $50 billion in federal assistance came in the form of equity purchases, with the government taking a 61-percent ... css chatbot design