No..he fails for calling it Government Motors.In truth, according to the TARP fund folks, GM borrowed from a line of TARP credit to pay off the bailout loan. So....it's not 100% accurate that they're out of the woods. They just used one credit card to pay off another is what it amounts to. So I wouldn't bust out the party baloons just yet. But I believe it does allow GM to go ahead with plans for an IPO earlier than originally planned. Which in that respect, is good news. And the government STILL has their current ownership interest in it, so Weland does NOT technically fail.