re: #164 Rightwingconspirator

So as I said debatable… Not wrong just more complex.
From Fact check
Q: Did General Motors repay its TARP loan from the Treasury with other TARP money?
A: Yes. GM repaid the loan portion of the automaker bailout ahead of schedule, with interest. It used TARP money it had already received but hadn’t spent. And taxpayers are still stuck with GM stock that isn’t worth what was paid for it.

I don’t think that’s correct. According to Grassley the money they used to repay the loan came from a TARP escrow account. In other words, they took out another TARP loan to repay the first.