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You guys are right we should give them more money and retain no control over them. I just read a CNN article yesterday where Pelosi is already thinking of a 3rd stimulus package and I've got to say I can't wait to send her my tax dollars! (Note the sarcasm)
Dragoneye you said self-help with loans???? How do you have self-help with a loan from somebody else? You also talk about how they've been restructuring for a while. Well if it's not working why would you continue loans to them without control over them, not very good financing 101.
BTW if you keep postponing Ch. 11, you'll get to the point financially where only Ch. 7 is left. Whats' worse?
Look I want GM to suceed like everyone else, but I'm tired of my tax dollars going away to save all of these corporate houses. Whatever happened to the little guy.
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