Mortgage Loan Qualifying

According to the Detroit News, Representative Darrell Issa (R-California) said in a letter on April 29, 2010 to GM chairman and CEO Edward Whitacre that the company "has come dangerously close to committing fraud and that you might have colluded with the US Treasury to deceive the American public."

The GM Ad Claiming US Loan Repayment

In the GM ad, Mr. Whitacre states, "We have repaid our government loan in full, with interest, five years ahead of the original schedule. We still have work to do, but we are making progress toward our vision of designing, building and selling the worlds best vehicles. We invite you to take a look at the new GM." GM has stopped running the ad as of April 27th.

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