P Penny New member Jul 6, 2009 #1 the Stimulus money? Is GM required to pay back the stimulus money they borrowed from the Government or is that money gone down the drain now that they have filed for bankruptcy?
the Stimulus money? Is GM required to pay back the stimulus money they borrowed from the Government or is that money gone down the drain now that they have filed for bankruptcy?
M MVD34 New member Jul 6, 2009 #3 It isn't stimulus money... ..but the government is getting shares -- enough to control it -- in the new GM in exchange for the loans.
It isn't stimulus money... ..but the government is getting shares -- enough to control it -- in the new GM in exchange for the loans.
