06-01-2009, 07:58 PM
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#19
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Join Date: Feb 2007
Location: hamilton nj / glassboro nj
Posts: 916
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Quote:
Originally Posted by BigAls87Z28
The Goverment aka Us, own 60% of GM through goverment loans.
What will eventually happen is that when GM comes out of Chap 11, is that if GM can make profitable cars, and the market can maintain 9-10 milion units a year, GM will be able to emerge as a public company again, the goverment will sell its stake over time back onto the market, for a profit im sure.
GM has been making some very good cars over the last 4 years, and now if they can bring the costs down, making a profit, while making both green and fun cars, they will be better off.
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i agree 110%
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I am the artist formerly known as 95 red slp 
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