With INTEREST, bitсhes!

[w¡n9Nµ7 §£@¥€r 123]

April 21 (Bloomberg) -- General Motors Co. Chief Executive Officer Ed Whitacre said GM has repaid $5.8 billion in loans to the U.S. and Canada in an opinion piece published on the Wall Street Journal’s Web site.

"We’re paying back -- in full, with interest, years ahead of schedule -- loans made to fund the new GM," Whitacre wrote.

...

"It shows that GM is reviving and that its business strategy seems to be going in the right direction," said Koji Endo, managing director of Tokyo-based Advanced Research Japan.

http://www.businessweek.com/news/2010-04-20/whitacre-says-gm-repaid-u-s-canada-with-interest-.html

[one...two...tree 2,762]

[IR5FORMUMSIE 850]

Suck on it, haterz. USA-1 is taking charge.

[w¡n9Nµ7 §£@¥€r 123]

Suck on it, haterz. USA-1 is taking charge.

Word. America is back, baby.

[mawilson 2,133]

Word. America is back, baby.

Yep. Which is why I've just reallocated a part of my IRA portfolio to a China region fund.

[I AM NOT THAT GUY 5,715]

By paying back the debt, Whitacre is taking a step toward the public sale of stock in Detroit-based GM, a goal that would allow the automaker to regain its independence. The U.S. owns a 61 percent stake after GM received about $50 billion in aid for its 2009 bankruptcy.

GM received $8.4 billion in loans as part of its government assistance, with the rest in equity. Whitacre, 68, said in December he was starting to pay down the loans and said he would complete the task by the end of June.

I wonder if GM is going to start buying back the 61% position the taxpayers hold in GM.

[PhiLandShiR 18]

Yep. Which is why I've just reallocated a part of my IRA portfolio to a China region fund.

Classic Republician, Can't make money from people getting back on their feet...they are too hard to walk all over...

[JohnSmith2007 353]

I wonder if GM is going to start buying back the 61% position the taxpayers hold in GM.

How do you think they paid the loans back? Not by selling cars, we paid it back!

[Ban Hammer 13,345]

April 21 (Bloomberg) -- General Motors Co. Chief Executive Officer Ed Whitacre said GM has repaid $5.8 billion in loans to the U.S. and Canada in an opinion piece published on the Wall Street Journal’s Web site.

"We’re paying back -- in full, with interest, years ahead of schedule -- loans made to fund the new GM," Whitacre wrote.

...

"It shows that GM is reviving and that its business strategy seems to be going in the right direction," said Koji Endo, managing director of Tokyo-based Advanced Research Japan.

http://www.businessweek.com/news/2010-04-20/whitacre-says-gm-repaid-u-s-canada-with-interest-.html

with no help from the op, a known toyota and kia lover.

[w¡n9Nµ7 §£@¥€r 123]

with no help from the op, a known toyota and kia lover.

Hyundai, dickhead! Not Kia

[SMOKE 1,426]

I wonder if GM is going to start buying back the 61% position the taxpayers hold in GM.

they're working towards an ipo by the end if the year.

http://news.yahoo.com/s/nm/20100421/bs_nm/us_gm

[Amby 490]

omg it's a commercial too

[Ban Hammer 13,345]

Hyundai, dickhead! Not Kia

it's one of them korean car companies.

[w¡n9Nµ7 §£@¥€r 123]

it's one of them korean car companies.

Those Koreans all look the same to you, huh

[Ban Hammer 13,345]

Those Koreans cars all look the same to you, huh

fixxored