Political Quotes

Richard Shelby: For taxpayers to be fully repaid, General Motors' market capitalization would need to increase by about 14,000…

On the recordSeptember 23, 2009
For taxpayers to be fully repaid, General Motors' market capitalization would need to increase by about 14,000 percent--14,000 percent.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Senator Shelby highlights the improbability of GM repaying taxpayers based on its current market capitalization.

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