U.S. stake sale of GM to revive image

Comments (4)
AlaskanDude wrote:

Okay, I’ll go back to calling you General Motors, Mr. Davlin, as soon as you make the US Taxpayer whole along with a reasonable interest. Shame on Reuters for carrying this misleading information.
The US Taxpayer lost BILLIONS in this bail out.
GM will and should remain Government Motors until they pay us back. Period.

Jan 13, 2013 9:44pm EST  --  Report as abuse
ordinaryman wrote:

GM priced its stock during the IPO at $33. It raised $20.1 billion. I was overvalued but it suited everyone involved. When US Government sells its holdings, the price is bound to fall. GM’s stock price is around $30 now. The taxpayers get nothing in the deal. GM executives and workers benefited. Obama won in Michigan but other less fortunate people of USA will lose. That is how democracy works.

Jan 13, 2013 10:18pm EST  --  Report as abuse
mrmouth wrote:

That is some strange logic. As if the bailout never happened? Anyone going out of their way to care about this is somehow going to stop after the government sells the shares?

Because I do not care. It wouldn’t stop me from buying a GM car. Call me crazy but I actually look to reviews…

Jan 13, 2013 10:58pm EST  --  Report as abuse
pduff wrote:

After what was done to investors…Why would anyone trust them again.

Jan 13, 2013 11:14pm EST  --  Report as abuse
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