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Old 12-31-2009, 04:11 PM   #2
TheMercenary
“Hypocrisy: prejudice with a halo”
 
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
And more money for our now Nationally owned GMAC. Yea, our country needs to control companies through ownership of stock. That is what we are all about now, right?

Treasury to dole out $3.8 billion to GMAC, raise stake

WASHINGTON (Reuters) - The U.S. is injecting another $3.8 billion into GMAC Financial Services to help cover mortgage losses, in a bailout that makes the government the majority owner of the auto and home finance company.

http://www.reuters.com/article/idUSTRE5BT06O20091230
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