Comments on: GM gets an additional $2 billion in loans from the Treasury http://www.egmcartech.com/2009/04/24/gm-gets-an-additional-2-billion-in-loans-from-the-treasury/?utm_source=rss&utm_medium=rss&utm_campaign=gm-gets-an-additional-2-billion-in-loans-from-the-treasury Auto News, Car Reviews, Live Auto Show Coverage Mon, 13 Feb 2012 17:44:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Allen http://www.egmcartech.com/2009/04/24/gm-gets-an-additional-2-billion-in-loans-from-the-treasury/comment-page-1/#comment-623752 Allen Sat, 25 Apr 2009 09:27:53 +0000 http://www.egmcartech.com/?p=33450#comment-623752 WTF? I saw the balance sheet of GM recently: they have NEGATIVE owners equity, have since 2008 and before. Typically, the moment that happens, the company goes into bankruptcy.<br><br>GM is a bottomless pit, the only reason it exists now is that the government won't let that many people go out of a job, Republican or Democrat that would be political suicide. Its the endless hole for money to go down. WTF? I saw the balance sheet of GM recently: they have NEGATIVE owners equity, have since 2008 and before. Typically, the moment that happens, the company goes into bankruptcy.

GM is a bottomless pit, the only reason it exists now is that the government won't let that many people go out of a job, Republican or Democrat that would be political suicide. Its the endless hole for money to go down.

]]> By: zermatt http://www.egmcartech.com/2009/04/24/gm-gets-an-additional-2-billion-in-loans-from-the-treasury/comment-page-1/#comment-623754 zermatt Sat, 25 Apr 2009 04:10:14 +0000 http://www.egmcartech.com/?p=33450#comment-623754 What do yo want to bet that they cannot make to the end of June without needing more money? What do yo want to bet that they cannot make to the end of June without needing more money?

]]> By: Pat http://www.egmcartech.com/2009/04/24/gm-gets-an-additional-2-billion-in-loans-from-the-treasury/comment-page-1/#comment-623753 Pat Sat, 25 Apr 2009 03:51:58 +0000 http://www.egmcartech.com/?p=33450#comment-623753 it's like flushing money down the toilet it's like flushing money down the toilet

]]> By: Allen http://www.egmcartech.com/2009/04/24/gm-gets-an-additional-2-billion-in-loans-from-the-treasury/comment-page-1/#comment-615001 Allen Sat, 25 Apr 2009 02:27:53 +0000 http://www.egmcartech.com/?p=33450#comment-615001 WTF? I saw the balance sheet of GM recently: they have NEGATIVE owners equity, have since 2008 and before. Typically, the moment that happens, the company goes into bankruptcy.<br><br>GM is a bottomless pit, the only reason it exists now is that the government won't let that many people go out of a job, Republican or Democrat that would be political suicide. Its the endless hole for money to go down. WTF? I saw the balance sheet of GM recently: they have NEGATIVE owners equity, have since 2008 and before. Typically, the moment that happens, the company goes into bankruptcy.

GM is a bottomless pit, the only reason it exists now is that the government won't let that many people go out of a job, Republican or Democrat that would be political suicide. Its the endless hole for money to go down.

]]> By: zermatt http://www.egmcartech.com/2009/04/24/gm-gets-an-additional-2-billion-in-loans-from-the-treasury/comment-page-1/#comment-615003 zermatt Fri, 24 Apr 2009 21:10:14 +0000 http://www.egmcartech.com/?p=33450#comment-615003 What do yo want to bet that they cannot make to the end of June without needing more money? What do yo want to bet that they cannot make to the end of June without needing more money?

]]> By: Pat http://www.egmcartech.com/2009/04/24/gm-gets-an-additional-2-billion-in-loans-from-the-treasury/comment-page-1/#comment-615002 Pat Fri, 24 Apr 2009 20:51:58 +0000 http://www.egmcartech.com/?p=33450#comment-615002 it's like flushing money down the toilet it's like flushing money down the toilet

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