Quote:
Originally Posted by directfiesta
You are jumping from " I believe it is a lie " to " this is now a fact " ...
Your article is an opinion piece , the one I posted an article ...
Now, you could be right , but that would require that you research it ( instead of maybe an urban legend ) and post proof  |
the govt forgave $4 billion, that is a fact..
http://www.christonium.com/automotiv..._Case_Analysis
"Under the proposed agreement with all stakeholders, Fiat will own up to 35% of the new company. The UAW healthcare trust will own approximately 55% of the new company with the US and Canadian government controlling the remaining 10%. Daimler and Cerberus will forgive $2 billion in debt, the US government its original $4 billion bridge loan and the UAW's $6 billion in cash that was to go to the healthcare trust fund. It should be noted that the UAW will not own Chrysler but the shares will be place in trust.
+ the loss incurred with the sale of shares to fiat...
i did my research before i made the post...
.