Mid February is a check in. GM must show progress to get one more payment. By the end of March GM must show viability meaning they can repay the "bailout". At that time if GM can not show they have restructured enough to be viable then the "bailout" can be recalled, which of course would force some drastic action as the money isn't just sitting in a bank.
By the way "bailout" means Loan. Unless anyone at this site thinks you are going to get a "bailot" to buy your new Camaro.
There are a lot of people working very hard right now to make sure this is sucessful. Unfortunately 10,000 salarie employees will be paying the price next
As an employee, I appreciate the support here at Camaro5. Your excitement and enthusiasm helps me a great deal.
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"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley
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