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They wre just handed the money, They can do whatever they want with it. At least that's what I saw this morning. They didn't need any type of plan. lol
Your right! The key here was the preffered stock and that they cut dividends to almost zero. GM wasn't even smart enough to give that as a concession. The big three will get their money, there deal is just a little more complex.
A government big enough to give you everything you want, is strong enough to take everything you have. -Thomas Jefferson
Your right! The key here was the preffered stock and that they cut dividends to almost zero. GM wasn't even smart enough to give that as a concession. The big three will get their money, there deal is just a little more complex.
having to say "thank you" would be more fukin complex than the deal the banks are getting!!! lol
HE WHO MAKES A BEAST OF HIMSELF, GET'S RID OF THE PAIN OF BEING A MAN!!
Citigroup, Inc. (C)
Balance Sheet
Total Cash (mrq): 824.57B
Total Cash Per Share (mrq): 151.309
Total Debt (mrq): 748.37B
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): N/A
Book Value Per Share (mrq): 18.1
Citigroup, Inc. (C)
Balance Sheet
Total Cash (mrq): 824.57B
Total Cash Per Share (mrq): 151.309
Total Debt (mrq): 748.37B
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): N/A
Book Value Per Share (mrq): 18.1
well, from that info, i would agree that they dont NEED the$, but, our elected leaders in their infinate wisdom, will give it anyways....on a sunday...without question. good thing they didnt build cars, eh?
HE WHO MAKES A BEAST OF HIMSELF, GET'S RID OF THE PAIN OF BEING A MAN!!
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