[Toddsterpatriot]

In that case, instead of GM playing silly games with Congress and Recovery Plans, wouldn’t it be simpler to just issue 10 billion shares of new stock and sell it to the Fed through one of these “Primary Dealers”?

They could do that and it would be simpler but it would be a bad idea.

Can everyone in the country incorporate themselves, issue a million shares of stock at $1 each in an IPO through a Primary dealer, sell it to the Fed, and we’ll all be millionaires?

You could try, but the Fed probably wouldn't buy.

[DuncanWaring]

So you’re saying the Fed could do that if they were so inclined.

How is that different from “printing money”, other that the fact that one involves actually getting paper and putting ink on it, and the other is simply a matter of typing some numbers into a computer somewhere?

[ding_dong_daddy_from_dumas]

You could try, but the Fed probably wouldn't buy.

The Fed only buys junk from its buddies.