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From: shovel-ready
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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 13:24:00 -0600
Organization: A noiseless patient Spider
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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.
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