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Old 09-03-2010, 03:46 PM
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GTyankee GTyankee is offline
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if i'm not mistaken, GM paid off the interest on the bailout money & then a 2nd Federal loan, not called a bail out, was taken out by them, the bailout loan was paid off by the 2nd loan, so they have not yet actually paid off anything but interest
sort of like using one credit card to pay off another credit card, etc
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