Topic: And another loss for the treasury and the American taxpayer.
AndrewAV's photo
Wed 09/09/09 06:10 PM
So, we will likely lose over 25% of what we gave to the automotive industry. $23 billion to be exact...nine zeros. And that's the estimate from the TARP panel... CBO thinks it'll be far more.

Way to go guys. you own almost two thirds of a company that will now have to rise to a value it has never before seen, just to break even. Guess you botched the math on that one.

I wonder what it's like to have a job where you can be so wrong and yet, still have a job.

no photo
Wed 09/09/09 06:30 PM

So, we will likely lose over 25% of what we gave to the automotive industry. $23 billion to be exact...nine zeros. And that's the estimate from the TARP panel... CBO thinks it'll be far more.

Way to go guys. you own almost two thirds of a company that will now have to rise to a value it has never before seen, just to break even. Guess you botched the math on that one.

I wonder what it's like to have a job where you can be so wrong and yet, still have a job.


That's Nobama for ya! I still say he should "Shut up and sit down"!!

This is again, "just my opinion"!glasses