"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Taxpayers Still in Backseat of GM's IPO?
Submitted by Mike Powers on Mon, 2010-11-22 04:00
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Taxpayers are years away from being made whole on the bailout of GM, due to massive dilution from existing shares, warrants and grants, as well as unfunded pension costs.
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