How much money will the United States Government make off of selling thier 600...

R

Rusty Shackelford

New member
...million shares of GM Stock? It should be enough to pay back the Bailout plus a profit to return to the Treasury:

http://www.msnbc.msn.com/id/38754497/ns/business-autos
Those that think we only own 20% may want to recant that statement:

http://money.cnn.com/2010/08/18/news/companies/gm_ipo/index.htm?hpt=T2
 
There is no way it will raise 50 billion

I am not going to buy ANY of it.

Read your own link:

The automaker filed for an IPO of up to $100 million. That does not represent the full amount that GM hopes to raise, people familiar with the situation have told Reuters. GM could raise up to $20 billion in its IPO, making it one of the biggest IPOs ever, the people said.
 
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