Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: advertising guy

I would have kicked him out on the spot.


110 posted on 03/09/2012 11:07:54 AM PST by Clint N. Suhks
[ Post Reply | Private Reply | To 106 | View Replies ]


To: All
more car bailouts - for france

http://abcnews.go.com/blogs/politics/2012/03/an-american-auto-bailout-for-france/

Attention U.S. taxpayers: You now own a piece of a French car company that is drowning in red ink.

That’s right. In a move little noticed outside of the business pages, General Motors last week bought more than $400 million in shares of PSA Peugeot Citroen – a 7 percent stake in the company.

Because U.S. taxpayers still own roughly one-quarter of GM, they now own a piece of Peugeot.

...

In other words, General Motors essentially just dumped more than $400 million of taxpayer assets on junk bonds.

113 posted on 03/09/2012 11:16:18 AM PST by sloop (don't touch my junk)
[ Post Reply | Private Reply | To 110 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson