3 Card
Elio Addict
- Joined
- Feb 26, 2014
- Messages
- 414
- Reaction score
- 272
A loss ain't the word for it.. How in the hell Gm was able to IPO at 70 bucks a share is beyond anyone..Now trading at about half that..If the government held on to the stock they deserved to take a hit..I do not know when they sold or for how much..If not mistaking, I think GM paid back Tarp monies with Tarp money they had received and put in escrow, before they got the bailout. They repaid the rest with stock, most of which the government sold at a loss and still own some. JMO