« F#@K YOU GEITHNER - Treasury Announces Plan To Sell Taxpayers' GM Stake With 'No Concern For Profit' »

Scroll down for VIDEO...

---

Remain calm as you read this story from Bloomberg. I dare you.
http://www.bloomberg.com/news/2010-11-25/architects-of-gm-s-ipo-sou...


Pay particular attention to this passage:

Taxpayers, however, haven’t broken even on GM. The government needed to sell its entire stake for about $44 a share for that to happen. The U.S. would need to sell its remaining 37 percent ownership of GM at $53 a share for taxpayers to be made whole.

Miller and Massad said they aren’t waiting for the stock to reach that level.

“We’re not a private equity fund,” Massad said. “We believe that promoting financial stability means we should exit as soon as we can.”

---

So the Bush-Obama regime bails out GM against the wishes of the American people, and then later, when the investment finally looks like a win for taxpayers, the United States Treasury announces publicly that it has no interest in breaking even, let alone making a profit.

Under what conception of reality does it promote financial stability for Treasury to sell its remaining position 'as soon as we can?' How does dumping tens of millions of shares, prematurely, promote anything but the lack of intelligence of those doing the selling. So we wait 20 months to see the IPO, and now taxpayer fund manager Massad, can't wait to blow his GM load all over the Street.

Where the hell are Barofsky and Kaufman...

---

And why isn't this guy in charge of the SEC...

' />
This is brilliant, trust me. Give him 30 seconds or so to get going.

WalStreetPro says "Tim Geithner is a worthless piece of maggot shit..."

http://dailybail.com/home/fk-you-geithner-treasury-announces-plan-t...

Views: 74

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Less Prone commented on tjdavis's video
Thumbnail

COWBOY’S ISLAM SPEECH IS GOING VIRAL⚡️👏🏼 Islam Is Not Compatible With America

"Act now before it's too late. Stop the infiltration. Kick them out."
17 hours ago
tjdavis's video was featured

COWBOY’S ISLAM SPEECH IS GOING VIRAL⚡️👏🏼 Islam Is Not Compatible With America

❤️Help me reach 160K Subscribers! Subscribe Now and Turn On Notifications!🔥CHECK OUT THE MERCH HERE: https://ali-tabrizi-shop.fourthwall.comMY SOCIALS:🔥Ins...
17 hours ago
Less Prone favorited cheeki kea's video
17 hours ago
Less Prone commented on Doc Vega's blog post The Exposure of the 9-11 attacks as an Inside Job! In Plane SITE!
"They keep fooling us until they are stopped. But how?"
17 hours ago
Doc Vega's 7 blog posts were featured
17 hours ago
Less Prone favorited Doc Vega's blog post The Exposure of the 9-11 attacks as an Inside Job! In Plane SITE!
17 hours ago
Less Prone favorited Sandy's video
17 hours ago
Less Prone commented on Sandy's video
Thumbnail

Eric moutsos What is Walmart allegedly doing?

"Leavy your mobile "smart" phone home when shopping, or shut it down and put it in a…"
17 hours ago
Less Prone posted a photo

Very Stupid Poison Your Food.webp

Are we suicidal or what? Who is pushing this on us?
17 hours ago
Keisha Ruan's blog post was featured
18 hours ago
Less Prone favorited Sandy's photo
18 hours ago
Doc Vega posted blog posts
19 hours ago
Sandy posted a photo
yesterday
Snakedaddy favorited Sandy's photo
Wednesday
Sandy posted a video

Eric moutsos What is Walmart allegedly doing?

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Sunday
Sandy posted photos
Sunday
rlionhearted_3 commented on Doc Vega's blog post The Exposure of the 9-11 attacks as an Inside Job! In Plane SITE!
Sunday
rlionhearted_3 commented on Doc Vega's blog post The Exposure of the 9-11 attacks as an Inside Job! In Plane SITE!
"That is a classic demolition cut. Not cut during cleanup! "
Sunday
rlionhearted_3 commented on Doc Vega's blog post The Exposure of the 9-11 attacks as an Inside Job! In Plane SITE!
Sunday
Doc Vega posted a blog post
Saturday

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted