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re: GM Commercial
Posted on 4/23/10 at 10:38 am to Big Fat
Posted on 4/23/10 at 10:38 am to Big Fat
quote:Smoke and Mirrors Used to "Pay Back" Loan
But Grassley said in his letter that a Securities and Exchange Commission form filed by GM showed that $6.7 billion of the tens of billions the company received was sitting in an escrow account and available to be used for repayment. He called on Geithner to provide more information about why the company was allowed to use bailout money to repay bailout money, and how much of the remaining escrow money GM would be allowed to keep.
1
Posted on 4/23/10 at 11:48 am to LSURussian
Russian quoted a blog. The end is near. 
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