GM Cost Taxpayers Billions

News Flash:

GM has a deal that Obama, and his sick friends, cannot resist.    GM will buy back 200 million shares held by the US Treasury for $27.50 on December 18th – which is a sharp discount from the $33 price set during GM’s initial public offering in November 2010.     The remaining 300 million shares may be bought within the next 12 to 15 months.     So, another Obama deal that has screwed Americans again.    Gee, who could not have seen that coming?   What’s next Obama?   Buy up the railroad for $100 Trillion and sell it to your pal, Warren Buffet, for a one dollar?


All content contained on the Hyper Report, and attached video is provided for informational and entertainment purposes only. ‘Hyper Report’ assumes all information to be truthful and reliable; however, the content in this video is provided without any warranty, express or implied. No material here constitutes “Investment advice” nor is it a recommendation to buy or sell any financial instrument, including but not limited to stocks, commodities, corporation, options, bonds, futures, or intrinsically valueless Federal Reserve Notes. Any actions you, the reader/listener, take as a consequence of any analysis, opinion, or advertisement on this video is your sole responsibility.


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