Finally, GM's quick repayment of the loans has whetted the appetite of some commentators (including DeCloet) for the ultimate repayment of the
full government contribution. That would occur through the issuance of public equity by GM and Chrysler, creating a
market for those stocks into which the government would presumably sell its shares. There is even some nefarious language in the rescue packages requiring the government to sell
off its shares within specified, relatively aggressive timelines. The more I think about it, the less this makes sense — neither for the auto industry, nor for taxpayers. Why not hang onto the equity stake? If the companies recover and the equity gains
market value, then the government will be able to claim that on its balance sheet (hence officially recouping the cost of its written -
off contributions and creating a budgetary gain).
Standard kit includes
full MSA regulation kit — an FIA - approved roll cage, six - point harness, fire extinguisher and cut -
off switch — as well as a digital dashboard, AP Racing brakes and air jacks, making this good
value in its
market, according to Caterham bosses.