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Re: chklingon post# 1801

Thursday, 12/04/2008 2:24:58 PM

Thursday, December 04, 2008 2:24:58 PM

Post# of 20624
I sold my GM for a small profit the other day and bought Ford. Ford has a better financial picture than the others. However, I don't believe they will let GM go under - it would make too much an impact on our economy. Their will be loans for all three co's. I was involved (when working for Treasury) with the Crysler loan program. We (the Government) made millions on this loan.


Charlie
Williamsburg, Va.
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