Friday, January 9, 2009

GM.BAILOUT closed

GM.BAILOUT closed at $1 this morning. The US Treasury has loaned GM $4 billion and has committed to another loan of $5.4 billion on January 16.

Thanks for your patience on this contract. Onward and upwards!
Posted by at
Labels:

2 comments:

Anonymous said...

http://edition.cnn.com/2008/US/12/29/us.auto.bailout/index.html?iref=newssearch

This doesn't change anything?

12/1/09 9:06 AM
Matt Burgess said...

No. On Jan 5 the Treasury announced the way was clear for an additional loan of $5.4 billion to be made on January 16. See:

http://www.freep.com/article/20090105/BUSINESS01/90105083

12/1/09 9:50 AM

Post a Comment

Subscribe to: Post Comments (Atom)