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Balls

GM repays government loans with government loans.

One Response to “Balls”

  1. Nick Says:

    I am SHOCKED! wait…no. I’m not. Last time I checked, I wouldn’t be allowed to pay my credit card bill with another credit card (let alone the SAME credit card).

    My first thought when they announced they were paying back their loans was, “Why do I get the feeling that they are ‘paying back TARP funds’ with just some other form of debt financing?”