View Single Post
  #23  
Old 08-17-2010, 02:02 AM
flyingn's Avatar
flyingn flyingn is offline
Senior Member
 
Join Date: Jan 2006
Location: Cinnaminson , NJ
Posts: 2,171
Thanks: 5,940
Thanked 641 Times in 256 Posts
Default Re: The BOSS is back!!!

incorrect. GM took some of the money they got on loan and paid THAT back to the gov't saying they paid some of the the loan back.. How underhanded..
http://www.redstate.com/erick/2010/0...back-its-loan/

http://www.forbes.com/2010/04/23/general...kha-dalmia.html

http://seekingalpha.com/article/2003...s-loan-sort-of

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: 69 Post Sedan</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: flyingn</div><div class="ubbcode-body">With GM taking the govt $$ was the nail in its coffin. Ford is making billions and never took a dime.. Cause they build cars people want.. The last privately owned American car company..</div></div>

FYI...It was a loan and GM has paid it back. As a matter of fact, all 3 US automakers are seeing profits. That hasn't happened since 2004.

Ford is doing a great job but so is GM and Chrysler. As someone said before....this is the 60's all over again between the new musclecars.

Keep them coming!!! [img]<<GRAEMLIN_URL>>/[/img] </div></div>
__________________
Frank Szymkowski

1987 Mustang GT convertible, scarlet red/titanium, white top and white/red leather, 5 speed, 3.08, factory EQ

1969 GTO Judge Warwick blue/blue, RAIII, 4 speed, tach/gauges, safe t track, flip headlights, 3.55's, ps and radio.
Reply With Quote