17 ISLAMIC EXTREMISTS AND THREE NIGERIAN SOLDIERS KILLED IN AN OFFENSIVE **

MILITARY SPOX SAYS ONE SOLDIER WAS ALSO MISSING **

SPOX DIDN'T SAY EXACTLY WHERE THE FIGHTING OCCURRED, BUT ADDED THAT ABOUT **

RESIDENTS OF SUBURBAN TAMPA TOWN LEFT WONDERING WHO THE WINNER OF THE **

THE WINNING $590.5 MIL TICKET WAS PURCHASED AT A PUBLIX SUPERMARKET IN **

A PUBLIX SPOX SAYS RUMORS ARE SWIRLING AROUND, BUT THE SUPERMARKET COULDN'T **

WEB VIDEO SURFACES URGING EGYPTIAN GOVT TO SUBMIT TO THE DEMANDS OF CAPTORS **

IN THE VIDEO POSTED ON YOUTUBE, THE MEN ARE SHOWN BLINDFOLDED AND TIED UP, **

AN UNIDENTIFIED SECURITY OFFICIAL CONFIRMED THE CAPTIVES APPEARING IN THE **

METRO-NORTH SAYS CREWS WILL SPEND DAYS REBUILDING 2,000 FEET OF TRACK, **

PRES OF THE METROPOLITAN TRANSIT AUTHORITY-OPERATED AGENCY SAYS CREWS WILL **

THE RUSH-HOUR CRASH ON FRI INJURED 72 PEOPLE IN FAIRFIELD, CT, AFTER AN **

SERVICE REMAINS SUSPENDED BETWEEN THE CT CITIES OF SOUTH NORWALK AND NEW **

ASSOCIATED PRESS CEO MAINTAINS THAT THE GOVT'S SEIZURE OF JOURNALISTS' **

GARY PRUITT SAYS THAT SOME SOURCES HAVE BEEN LESS WILLING TO TALK WITH AP **

THE NEWS ORG WAS INFORMED LAST WK THAT DOJ PROSECUTORS WERE CONDUCTING A **

HALF MILE-WIDE TORNADO STRIKES NEAR OKLAHOMA CITY AS AN ENORMOUS, EXTREME **

KS, MO, OK AND NE ARE ALL IN THE PATH OF THE STORM CAPABLE OF PRODUCING **

A NATL WEATHER SERVICE ADVISORY WARNS THAT THE SYSTEM'S POWERFUL WINDS **

AUTHORITIES BELIEVE THE DRIVER WHO PLOWED INTO DOZENS OF HIKERS MARCHING IN **

OFFICIALS DID NOT OFFER SPECIFICS ABOUT THE DRIVER'S CONDITION, BUT BASED **


 

WE SURE DO NOT NEED THIS! 25 BILLION LOSS! Post your comment!

 

Treasury: U.S. to lose $25 billion on auto bailout

BY DAVID SHEPARDSON / DETROIT NEWS WASHINGTON BUREAU

Washington -The Treasury Department says in a new report the government expects to lose more than $25 billion on the $85 billion auto bailout. That’s 15 percent higher than its previous forecast.

 

In a monthly report sent to Congress on Friday, the Obama administration boosted its forecast of expected losses by more than $3.3 billion to almost $25.1 billion, up from $21.7 billion in the last quarterly update.

 

The report may still underestimate the losses. The report covers predicted losses through May 31, when GM’s stock price was $22.20 a share.

 

On Monday, GM stock fell $0.07, or 0.3 percent, to $20.47. At that price, the government would lose another $850 million on its GM bailout.

 

The government still holds 500 million shares of  CLICK HERE