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GM Gives The Feds An Early Holiday Gift: $140 Million

by TheCarConnection on November 25, 2009

Just last week, General Motors announced plans to speed up repayment of billions in loans from the U.S. government. Technically, the company’s fast-track, $1 billion-per-quarter payback schedule doesn’t kick in until December, but GM is getting a head start on things by returning $140 million right now. The cash comes from a $2.5 billion loan ..

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GM Gives The Feds An Early Holiday Gift: $140 Million

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