GM bail out
-
- Posts: 205
- Joined: Thu Mar 08, 2007 7:05 am
- Location: Colorado
I say loan them the $25 billion. Since their credit is shaky make the interest rate 9%. Add dealer prep, rustproofing, destination charge, loan origination fee, it comes to an even $30 billion.
A 60 month loan, no money down, monthly payment would be about $623 million. One day late on a payment, here comes the repo man.
A 60 month loan, no money down, monthly payment would be about $623 million. One day late on a payment, here comes the repo man.

- islandgirl
- Posts: 305
- Joined: Thu Oct 26, 2006 11:26 pm
- Location: michigan
Who's plan? Someone actually has a plan to see the demise of our country?islandgirl wrote:YEP, If Detroit goes under, the country does under. it is all part of THEIR plan. No sheeps here!!!!!!!!!
Besides, it's not so black and white. If Detroit goes under, we have all of these "green jobs" ready to take up the slack.

July 2003 - Honeymoon at The Westin
July 2004 - Glenmar, Gifft Hill
July 2005 - Arco Iris, Fish Bay
December 2007 - Dreamcatcher, GCB
July 2008 - Ellison Villa, VGE
July 2004 - Glenmar, Gifft Hill
July 2005 - Arco Iris, Fish Bay
December 2007 - Dreamcatcher, GCB
July 2008 - Ellison Villa, VGE