Bailoutcost - bailoutcost.com - Bailout CostHow did our investment in Government Motors turn out? We'll lose $8,426,099,529.90: http://www.bailoutcost.com/
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GM CEO Dan Akerson 11 Oct 2011 | 02:19 am
“I think people will go, ‘Wow, I’m glad we invested in GM.’ I’m talking about the American taxpayer.”
GM CEO Dan Akerson 5 Oct 2011 | 01:47 am
“…it shouldn’t be measured on did it sell for $43 or $53 (a share) or did they lose a couple billion dollars?“
Steven Rattner, former head of the Treasury’s Auto Task Force 4 Oct 2011 | 03:53 am
“I’ve got my fingers crossed the market will generally improve, and GM with it, and the government will be able to get out and it’ll be a good outcome for everybody.”
Steven Rattner, former head of the Treasury’s Auto Task Force 4 Oct 2011 | 03:49 am
“As a pure investment matter, if I were managing this piece of capital, I would hang on at the moment…“
Larry Summers, former director of the White House National Economic Council 4 Oct 2011 | 03:48 am
“‘There is a real prospect of (the Treasury Department) recovering most if not all of its investment’ in GM.”
Investors Business Daily 4 Oct 2011 | 03:45 am
“At a car show, then-Speaker Nancy Pelosi ‘expressed no concerns that taxpayers might be swindled.‘”
Former GM CEO Ed Whitacre 4 Oct 2011 | 03:43 am
“The government’s investment is well placed, and I think they’ll make a lot of money.”
President Barack Obama 4 Oct 2011 | 03:42 am
“American taxpayers are now positioned to recover more than my administration invested in GM.”
Steven Rattner, former head of the Treasury’s Auto Task Force 4 Oct 2011 | 03:41 am
“Recent progress at GM gives reason for optimism that it may be possible for taxpayers to get every penny back.”
American Public Media 30 Sep 2011 | 09:11 am
“So far, I think we’ve lived up to the hope and to the promise of the American taxpayers…”
