GM Email...Anyone else get this? - Page 3

ensign_lee · 04-21-2010, 05:27 PM

That's awesome!

justincase_2008 · 04-21-2010, 05:30 PM

Quote:

Originally Posted by StuntmanMike

$100 says this still won't quiet the rejects who call it "Government Motors" or "Obama Motors."

Some people just want to be ignorant.

Sadlythey only paid the loan not the other billions in stocks bought so 60% is still govs...:(

garcmol · 04-21-2010, 05:36 PM

Just read this;

Apr 21, 2010, 20:14 GMT

Washington - General Motors has repaid 4.7 billion dollars in government loans issued last year, clearing its remaining debt under the Treasury Department's rescue plan to contain the fallout from the economic downturn.

The Treasury Department said Wednesday that General Motors had completed repaying its total government debt of 6.7 billion dollars five years ahead of the loan's maturity date and ahead of the company's own accelerated plan for returning the money.

Here was the link. Good news for GM and future generations of vehicles to come!!!

http://www.monstersandcritics.com/ne...overnment-loan

SSmoke · 04-21-2010, 05:39 PM

yep- got an email from GM today -- very cool

ddunerider · 04-21-2010, 05:39 PM

Quote:

Originally Posted by garcmol

Just read this;

Apr 21, 2010, 20:14 GMT

Washington - General Motors has repaid 4.7 billion dollars in government loans issued last year, clearing its remaining debt under the Treasury Department's rescue plan to contain the fallout from the economic downturn.

The Treasury Department said Wednesday that General Motors had completed repaying its total government debt of 6.7 billion dollars five years ahead of the loan's maturity date and ahead of the company's own accelerated plan for returning the money.

Here was the link. Good news for GM and future generations of vehicles to come!!!

http://www.monstersandcritics.com/ne...overnment-loan

...

SSmoke · 04-21-2010, 05:40 PM

right on!!

ensign_lee · 04-21-2010, 05:44 PM

Quote:

Originally Posted by justincase_2008

Sadlythey only paid the loan not the other billions in stocks bought so 60% is still govs...:(

It's definitely a step in the right direction though.

Unfair · 04-21-2010, 05:47 PM

They got 35 billion and paid back 8, I don't get how the loan is paid off? maybe my math is messed up lol 35 - 8 = 27?

ron10 · 04-21-2010, 05:50 PM

i think the camaro did it.

CamaroVision · 04-21-2010, 05:51 PM

Quote:

Originally Posted by ron10

i think the camaro did it.

It wasn't even mentioned :P

CamaroVision · 04-21-2010, 05:52 PM

.

Beauwulf · 04-21-2010, 05:53 PM

Yes but, all this and they posted a 4.5 billion dollar loss for the last quarter.... hmmmm!

WongBob · 04-21-2010, 05:55 PM

Wait wait wait wait... so to pay of the other $45 billion they are going to sell their debt to us in the form of stocks??? WTF! Thats like screwing the people twice!

I was all for it until I started thinking about it. Its gonna be great for the company, but I think out government is helping GM pull a fast one.

d-ball2ss · 04-21-2010, 05:58 PM

i was just going to start this post, GM POOOOOOOOOWWWWWWWWWWEEEEEEEEEERRRRRRRRRRRR baby thank god im so so so so so so so so so so so so so so so so happy way to go GM

04-21-2010, 05:36 PM	#31
garcmol Drives: 10 1LT SIM; 91 B4C sleeper Z Join Date: Aug 2009 Location: Ft. Mitchell, Alabama Posts: 7,199	GM Debt Paid?!?! Just read this; Apr 21, 2010, 20:14 GMT Washington - General Motors has repaid 4.7 billion dollars in government loans issued last year, clearing its remaining debt under the Treasury Department's rescue plan to contain the fallout from the economic downturn. The Treasury Department said Wednesday that General Motors had completed repaying its total government debt of 6.7 billion dollars five years ahead of the loan's maturity date and ahead of the company's own accelerated plan for returning the money. Here was the link. Good news for GM and future generations of vehicles to come!!! http://www.monstersandcritics.com/ne...overnment-loan __________________ Pedders Pace Car Package, Injen CAI, Flowmaster AT, AAC Lighting, ZL1 fascia/skirts, RKSport Ram Air hood, vented fenders, painted stripes (Gary's Customz), Honor and Valor badged (Thank you, John)

04-21-2010, 05:39 PM	#32
SSmoke Drives: 2SS IBM m6 / 04 Nissan Titan Join Date: Dec 2008 Location: Cape Coral FL Posts: 242 View My Garage	yep- got an email from GM today -- very cool __________________ 2010 IBM 2SS 6M SLP LoudMouth II Axle back kit CAI intake bought at C-Fest From Jannetty Racing

04-21-2010, 05:40 PM	#34
SSmoke Drives: 2SS IBM m6 / 04 Nissan Titan Join Date: Dec 2008 Location: Cape Coral FL Posts: 242 View My Garage	right on!! __________________ 2010 IBM 2SS 6M SLP LoudMouth II Axle back kit CAI intake bought at C-Fest From Jannetty Racing

04-21-2010, 05:53 PM	#40
Beauwulf Drives: '10 LT RS A6 & '04 Acura RSX Type S Join Date: Oct 2009 Location: Florida Posts: 1,529	Yes but, all this and they posted a 4.5 billion dollar loss for the last quarter.... hmmmm! __________________

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04-21-2010, 05:27 PM	#29
ensign_lee Drives: 2008 Mustang GT Join Date: Jul 2009 Location: Houston, TX Posts: 43	That's awesome!

04-21-2010, 05:47 PM	#36
Unfair Banned Drives: 2001 Camaro SS Join Date: Jun 2009 Location: Chicago, IL Posts: 754	They got 35 billion and paid back 8, I don't get how the loan is paid off? maybe my math is messed up lol 35 - 8 = 27?

04-21-2010, 05:50 PM	#37
ron10 Drives: 2010 2SS IOM L99 Join Date: Jan 2010 Location: LOUISVILLE,KY.. Posts: 7,545	i think the camaro did it.

04-21-2010, 05:52 PM	#39
CamaroVision Drives: 2010 Black 1LT/RS Join Date: Mar 2010 Location: Michigan Posts: 454	.

04-21-2010, 05:55 PM	#41
WongBob Dig Race? Drives: '13 AGM 2SS/RS 1LE Join Date: Dec 2009 Location: Minden, LA Posts: 316	Wait wait wait wait... so to pay of the other $45 billion they are going to sell their debt to us in the form of stocks??? WTF! Thats like screwing the people twice! I was all for it until I started thinking about it. Its gonna be great for the company, but I think out government is helping GM pull a fast one.

04-21-2010, 05:58 PM	#42
d-ball2ss Drives: red jewel 2010 camro 2ss/rs Join Date: Sep 2009 Location: wildwood MO Posts: 139 View My Garage	i was just going to start this post, GM POOOOOOOOOWWWWWWWWWWEEEEEEEEEERRRRRRRRRRRR baby thank god im so so so so so so so so so so so so so so so so happy way to go GM

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