GM Paying Back Bailout Ahead Of Schedule?

12:59 am EST November 16th, 2009 | News | 2 Comments

If this is true, it’s pretty good news.

General Motors Co. will begin paying back $6.7 billion in U.S. government loans by the end of 2009 and could pay off that full amount by 2011, four years ahead of schedule, according to a person familiar with the matter.

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2 Responses to “GM Paying Back Bailout Ahead Of Schedule?”

  1. Jaim says:
    November 16, 2009 at 1:44 am

    You mean Barack Stalin wasn’t trying to nationalize the auto industry? And that all the wing-nuts here pissing themselves over his supposed “Socialism” were, in fact, either big fucking liars or just moronic fuckwits with no capacity to understand history beyond what Jonah Goldberg tells them they should think?

    Say it ain’t so!

  2. Duros62 says:
    November 16, 2009 at 11:50 pm

    Dammit, I knew I should have bought GM stock.