People are also forgetting that its not a "bail out" but a bridge loan to help retool and gear for a new company. They will have to pay it back asap. I think there is a 4% intrest for the first 5 years, and then it jumps to 7 or so after that, with an increase every year after that.
No bonus's for anyone making over 250k
No dividend for stocks which can hurt GM for investments.
__________________
2/20/2013: They Day the ****s Stopped
|