Hey, Joe Biden: Our Ambassador Is Dead and GM Is Broke… Nice Work
Hey, Joe Biden…
Our Ambassador is dead…
Islamists dragged the dead body of US Ambassador Christopher Stevens from the consulate after his murder.
The radical Islamists attacked the embassy with rocket propelled grenades and machine gun fire.
And GM is broke….
GM still owes the US Treasury nearly $30 billion.
GM received $51 billion in bailout funds and has paid Treasury about $24 billion, mostly with the proceeds of its November 2010 initial public offering. Treasury still holds about 500 million shares of GM, worth about $11.5 billion at current prices. But those shares would have had to rise to almost $57 a share from its current price of $23.14 in order for taxpayers to break even.
Nice work, Joe and Barry.