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#17
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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.. ![]() 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>>/ ![]()
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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. |
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