New Report States GM Never Approached Treasury To Sell Shares
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Conflicting stories between whether or not General Motors has approached the U.S. Treasury Department to sell its 500.1 million shares have arisen.
Yesterday we reported on The Wall Street Journal’s story stating that the Treasury rejected a GM request to sell the shares earlier this year, according to their sources. Today, sources associated with The Detroit Free Press state that The General never did such a thing, nor did they ever lay down some sort of timetable for Uncle Sam to do so.
This latest report leaves us with the following, highly plausible question. Was The WSJ bringing up this politically sensitive situation in order to stir the pot of sensationalism?
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LOL, Manoli… you and your rhetorical questions…
They do tend to slip out every now and then, don’t they?
CAUTION RHETORICAL ANSWER Rupert Murdoch unethical the hell you say.
Of course they are stirring the pot. They are owned by Mr Muckraker himself and have slowly been sliding into the realm of Fox News …. or…… as the Fox News owner has said “the truth is anything we teill them that we can get them to believe”.
The WSJ is no longer worth reading and frankly, makes a very third rate bird cage liner.
And they never should,. Just like the bank’s… It work’s for russr..