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#28
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Quote:
Why can't you see that giving money away to GM = "saving the Auto Industry"? We are STILL upside down over 14 BILLION DOLLARS but as Riot would spin it, it's an unmitigated Success!!! >>>The United States Treasury owns roughly 500 million shares of common stock in General Motors. (Source: U.S. Treasury) The Treasury would need to sell these shares at roughly $53 per share in order to "break even" on the investment. (Source: WSJ) Using Google Finance API, we multiply the current GM stock price by 500,065,254, and subtract that total from $26,503,458,462 (or, 500,065,254 x $53).<<< And if you have even the slightest hint of criticism on the way this president has pissed away trillions of dollars and the economy it's STILL worse than when he took over, why you are just Full Of Hate! |