Quote:
Originally Posted by The_Blur
Of course, part of the deal is that GM would liquidate its GMAC assets. Wouldn't the deal resolve this problem? Should GM just give up GMAC and then ask for the money? That's like paying the tip before you get your meal. It just doesn't make sense to me.  |
I think part of the basic problem is that GM asked for 10B to get 12B from Chrysler. Super over-simplification, but I can see how it would be frowned upon.