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Old 04-20-2011, 04:26 AM   #56
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GrayBeards
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Join Date: Jan 2011
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THIS SPEAKS VOLUMES...

ABOUT YOUR PRESIDENT.

U.S. Weighs Summer GM Stock Sale - WSJ.com

"Government officials are willing to take the loss because the Obama administration would like to sever its last ties to the auto maker, the people familiar with the matter said. A summer sale makes it more likely Treasury could sell all of its stake in GM by year's end, avoiding a potentially controversial sale in the 2012 presidential election year.

GM also would like an early exit in large part because it faces tight restrictions on executive pay as long as the U.S. government is a part owner."

These guys graduated at the head of their class......the class called JACKASS SCHOOL OF INVESTING.

Buy high sell low. HEY IT'S ONLY 11 EFFIN BILLION DOLLARS. ALL SO PEOPLE WILL RE-ELECT HIM. WTF!!!

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