Why the Government Is Dumping GM Stock

The Treasury Department announced they’ll finally sell off the rest of the GM stock owned by the government.

Must’ve found a company in even worse shape to invest our money in.

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4 Comments

  1. They are selling now because the plan to outfit Chevy Volts with a roof panel from Solyndra just didn’t work out. It seems there are too many Romeny wannabes that put their dogs up there and it blocks the sun.

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  2. Seriously, it was because they couldn’t show the loss they are taking before the election. Good time to short GM, there are going to be lots of shares coming on the market.

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  3. It’s time to start paying back the big election contributors with government backed loans to their soon-to-be-bankrupt start-up companies.

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