Why the Government Is Dumping GM Stock

Posted on January 8, 2013 4:00 pm

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 Responses to “Why the Government Is Dumping GM Stock”

  1. James says:

    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.

  2. DamnCat says:

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

    MSNBC

  3. g says:

    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.

  4. Dodsfall says:

    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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