Why Gm Might Repay Its Loans Early Despite Losses Analysis
Media Platforms Design TeamGeneral Motors said that it lost nearly $1.15 billion in the quarter that ended September 30. It is no longer a public company, but GM is reporting its results as part of a policy of public accountability, as the U.S. government owns more than 60 percent of the automaker following GM’s government-assisted Chapter 11 bankruptcy earlier this year. Under terms of the government bailout, GM has until 2015 to repay $6....