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Atlanta Overwatch
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http://online.wsj.com/article/SB100...5610771579286344.html?mod=igoogle_wsj_gadgv1&

In a sign of the changing fortunes of the world's top two economies, China's biggest auto maker, SAIC Motor Corp., is negotiating to acquire a stake of about 1% in General Motors Co. worth about $500 million, according to a person familiar with the matter.

The U.S. auto maker also is prepared to sell more than $1 billion worth of shares to sovereign wealth funds in the Middle East and Asia. Combined, the sales would give foreign investors roughly 16% of the shares to be sold next week under an initial public offering of stock, and give them a stake of some 4% in the Detroit auto maker. GM declined to comment on the investment talks
The auto maker this week reported a $2 billion profit for the third quarter and said it is on track for its first profitable year since 2004, bolstering the company's prospects on Wall Street.
With a $2B profit last quarter GM should start to pay back the US taxpayers for bailing them out.
 

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GM will never get any of my money.
 

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Because they've got enough of it already and some I haven't even earned yet. I, too, refuse to buy GM vehicles.
 

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To go along with the one they already have, I wonder how much of GMs bailout was borrowed?
 
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