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HOZ · 06-01-2009, 09:54 PM

ObamaHarper Motors!!

Within hours of General Motors filing for Chapter 11 bankruptcy protection, the U.S. and Canadian governments announced billions in new funding to bail out the troubled automaker.
U.S. President Barack Obama confirmed Monday that his government will be giving GM another US$30 billion in investment cash while taking a 60 per cent stake in the company.
Meanwhile, Prime Minister Stephen Harper said the federal and Ontario governments will have a 12 per cent stake in GM, secured by an additional investment of US$9.5 billion.

06-01-2009, 09:54 PM	#6
HOZ Lifetime Suspension Join Date: Oct 2001 Exp:	ObamaHarper Motors!! Within hours of General Motors filing for Chapter 11 bankruptcy protection, the U.S. and Canadian governments announced billions in new funding to bail out the troubled automaker. U.S. President Barack Obama confirmed Monday that his government will be giving GM another US$30 billion in investment cash while taking a 60 per cent stake in the company. Meanwhile, Prime Minister Stephen Harper said the federal and Ontario governments will have a 12 per cent stake in GM, secured by an additional investment of US$9.5 billion.