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  1. #1
    Atomic Punk
    Join Date
    01.29.02
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    49
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    somewhere over the rainbow
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    12.11.17 @ 04:37 PM
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    Liked 1,229 Times in 448 Posts

    Default U.S. government takes majority ownership of GMAC

    GMAC Financial Services will receive a third round of bailout funds from the U.S. Treasury Department and the government will have a controlling stake in the company, according to a government report Wednesday.

    The troubled auto and mortgage lender will collect $3.8 billion of additional aid on top of the nearly $13.5 billion already received since December 2008, the Treasury said in a statement Wednesday.

    http://money.cnn.com/2009/12/30/news...lout/index.htm
    "Watch what people are cynical about, and one can often discover what they lack. -- Gen. George S. Patton

  2. #2
    Eruption
    Join Date
    12.06.01
    Location
    Arizona
    Posts
    875
    Favorite VH Album

    I have to pick?
    Last Online

    10.05.17 @ 11:44 AM
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    Liked 14 Times in 6 Posts

    Default

    lame. Nobody is going to bail me out when I go bankrupt this year.
    Your favorite band sucks.

  3. #3
    Baluchitherium
    Join Date
    07.26.07
    Age
    47
    Location
    Las Vegas, NV
    Posts
    4,654
    Favorite VH Album

    VH II
    Favorite VH Song

    Down in Flames
    Last Online

    12.13.17 @ 02:13 AM
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    1,164
    Liked 200 Times in 83 Posts

    Default

    Congratulations fellow tax-payers/owners! Now we can just sit back and watch those dividend checks roll in. Ahh.... The good life!

    I hope the next shareholders meeting is held somewhere fun!
    Posted from yo' mama's house.


  4. #4
    Atomic Punk Dave's Dreidel's Avatar
    Join Date
    01.10.05
    Age
    47
    Location
    Kate Upton's Closet
    Posts
    37,924
    Favorite VH Album

    Alex, Dave, Ed and Mike
    Favorite VH Song

    The songs with Ed on them
    Last Online

    12.16.17 @ 06:36 AM
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    3,510
    Liked 18,159 Times in 8,975 Posts

    Default

    I like the $38 Billion (yes, billion) tax exemption given to CitiBank so they can re-pay the TARP money they were given.

    Yes, that is correct. We will give you $38 Billion in credits so you can pay us back the $40 Billion you already owe us.

    That my friends is called a Ponzi scheme, but if the US Government does it, it is considered a good business practice. If a citizen does it, it's jail time.
    Taylor Swift is nice to look at. Adele can sing.

    Emperor Brett - "I can't believe you guys are analyzing song-by-song Van Halen III? What next, analyzing the script of Stroker Ace looking for some shred of Citizen Kane?"

    David Lee Roth did the impossible. He made Van Halen better. Deal with it!

    Preferred pronouns: he/him/his

    Hurricane Halen - Let's all gingery touch our sword tips!!!

    DONATE TO THE LINKS YA CHEAP BASTARDS!!!!

 

 

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