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Old 02-16-2012, 08:46 PM
Danzig Danzig is offline
Dee Tee Stables
 
Join Date: May 2006
Location: The Natural State
Posts: 29,940
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read the article.
gm hasn't paid back all the bailout money. the govt (us) still owns a huge amount of shares. it says the stock price would have to double for the govt (again, us) can be 'repaid'.
now, big profits can help that price. this news certainly doesn't hurt.
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