i'm all for saving sectors (albeit mismanged) the US auto industry and the positive aspects of the bailout - but GM owes it's very existence and survives only because of the US taxpayer and our elected officials . It seems to me to be a poorly structured deal that allows GM to sit on $ 26.8B of cash while the US gov and the taxpaying public takes a $10.5 B loss .
No one else would lend GM the money back in 2008 - so yes they survive only because of the bailout.
And I read that GM's board is considering either re-instating or raising shareholders dividends - that is a move which typically attracts more investors and bolsters the share price - which in turn fattens the bank accounts of GM management with their options and comp plans tied to share price.
IIRC correctly Chrysler paid back 100% of their gov loan when they had to be bailed out decades back and the US taxpayer didn't incur any losses.

• US gov sells rest of GM stock $ 10.5B loss, dtechakacheaptech, Mon, 9 Dec 2013 16:57:43
  • Low hanging fruit, JMF, Wed, 11 Dec 2013 18:01:34
    • Re: Low hanging fruit, dtechakacheaptech, Thu, 12 Dec 2013 11:45:14
      • Re: Low hanging fruit, Steve T, Thu, 12 Dec 2013 12:21:59
        • Re: Low hanging fruit, dtechakacheaptech, Thu, 12 Dec 2013 12:51:57
  • CAN I STOP YOU GUYS IF I'VE HEARD THIS BEFORE, No Snaab, Tue, 10 Dec 2013 15:18:13
    • Re: CAN I STOP YOU GUYS IF I'VE HEARD THIS BEFORE, dtechakacheaptech, Tue, 10 Dec 2013 15:45:07
      • Not the point, No Snaab, Wed, 11 Dec 2013 09:50:36
        • Re: Not the point, dtechakacheaptech, Thu, 12 Dec 2013 12:05:51
  • In a surprise move to many, GM CEO quits, Bill Homer , Tue, 10 Dec 2013 14:47:54
    • HOWEVER..., Justin VanAbrahams , Tue, 10 Dec 2013 19:58:58
      • Timing seems strange for that..., MI-Roger , Wed, 11 Dec 2013 03:10:54
        • Re: Timing seems strange for that..., Justin VanAbrahams , Wed, 11 Dec 2013 11:59:28
          • Well, Pontiac Motor's Plant #17 was the Fiero Plant..., MI-Roger , Wed, 11 Dec 2013 18:21:45
    • Well, this explains why the Gov't sold yesterday...., MI-Roger , Tue, 10 Dec 2013 15:09:51
      • So why doesn't Roger work on GM grounds anymore? nm, Norm9-5, Sun, 15 Dec 2013 06:38:59
  • $10B to save an industry is chump change, Steve T, Tue, 10 Dec 2013 11:47:36
    • Re: $10B to save an industry is chump change, andym, Tue, 10 Dec 2013 18:59:46
    • "The ends justify the means", JerseySaab , Tue, 10 Dec 2013 13:14:53
    • Re: $10B to save an industry is chump change, dtechakacheaptech, Tue, 10 Dec 2013 12:59:53 <-- Viewing This Message
    • Re: $10B to save an industry is chump change, Snowmobile , Tue, 10 Dec 2013 12:02:22
      • According to Bloomberg (not exactly a left wing source), Bill Homer , Tue, 10 Dec 2013 14:51:22
        • Center for Automotive Research, MI-Roger , Tue, 10 Dec 2013 15:11:54
          • Certainly explains the quoted figures!, Bill Homer , Tue, 10 Dec 2013 16:07:00
  • GM (like many us corp) has Billions in $$$ - $26.8 B, dtechakacheaptech, Tue, 10 Dec 2013 08:51:16
    • Re: GM (like many us corp) has Billions in $$$ - $26.8 B, ece_97, Thu, 12 Dec 2013 11:39:00
      • Re: GM (like many us corp) has Billions in $$$ - $26.8 B, dtechakacheaptech, Thu, 12 Dec 2013 13:47:54
    • That's why I would never buy a GM vehicle, JerseySaab , Tue, 10 Dec 2013 09:54:21
  • Blame GM Leadership, MI-Roger , Tue, 10 Dec 2013 03:25:26
    • Re: Blame GM Leadership, dtechakacheaptech, Tue, 10 Dec 2013 04:35:10
  • Re: US gov sells rest of GM stock $ 10.5B loss, Cmyles , Mon, 9 Dec 2013 18:24:38
    • So why not pay them to do nothing?, Tim, Mon, 9 Dec 2013 18:54:28
      • BU2B, Snowmobile , Tue, 10 Dec 2013 07:16:12
        • Some GM stuff is actuallly good, Dan-O, Tue, 10 Dec 2013 10:29:54
      • Re: So why not pay them to do nothing?, Tom G , Mon, 9 Dec 2013 20:27:51
      • Won't someone please think of the children!?, Cmyles , Mon, 9 Dec 2013 19:02:18
    • Re: US gov sells rest of GM stock $ 10.5B loss, pete , Mon, 9 Dec 2013 18:52:33

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