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Detailed text transcripts for TV channel - FOXNEWS - 20100724:14:45:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100724:14:45:00

And we can quibble over the 3 plus billion price, whatever it is. but there might be a message. >> there might be a method to the madness. to chris' point might have helped the ipo. the fact is it lowers the credit quality of gm and the junk borrowers coming in and a chance that they will default and is the government so concerned about the economy not turning around and double dip. why are they behind a company they own 60% of. doesn't make sense. >> as to the point that they run it by the white house. that to me-- >> that to me is a no-brainer. >> what does that tell snu. >> it tells you tha...

Detailed text transcripts for TV channel - FOXNEWS - 20100724:14:44:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100724:14:44:00

To see the stocks go-- >> rob, history is history and the fact of the matter is we did rescue gm. hot dog notwithstanding, what a company has to do to spruce itself up for a sale to get off the taxpayer dole? >> when you say a company, i think you have to distinguish between a company, like ford, or a company like gm, that in bankruptcy, owned by taxpayer money, there are other relationships that could have entered into to solve the problem, the issue of not having a subprime lender that they own. they needed to have access to a relationship with that would help subprime borrowers be able to b...