Actually paid back, vs exchanged one form of debt for another? None.
The loan guarantees, and loans, are all on 10 year terms. They’ve got a while before they have to.
I’ll give them credit for not going into bankruptcy, and not having the government actually directly take over their management; but they got just as much of a bailout as Chrysler and GM did.
You do know that ford received no less of a bailout than GM did, but they did it through interest free loan guarantees and stock transactions right?
Same thing that BofA did to “pay” their TARP money back; vs Chase and Wells Fargo who actually paid it back.
And how much have they paid back?
Actually paid back, vs exchanged one form of debt for another? None.
The loan guarantees, and loans, are all on 10 year terms. They’ve got a while before they have to.
I’ll give them credit for not going into bankruptcy, and not having the government actually directly take over their management; but they got just as much of a bailout as Chrysler and GM did.