The Blogprof has been running an excellent series of posts on the deceptive GM ad/claim that they’ve paid back their TARP loan in full, plus interest. Yesterday’s post sums them up and links to all: GM Could Be In Trouble With the FTC Over Truth In Advertising.
H/T blogprof
When you’re owned by the Government (and let’s face it, when you’re still into the Feds for $50 billion, you are owned), you play by their rules. In GM’s case, that apparently includes using government accounting methods.
