Quote:
Originally Posted by Super83Z
Are you really that upset over 15.4 billion, especially when the banks got 700 Billion that will never ever get paid back?
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The banks are paying them back and many banks have already begun paying them back.
As well, the banks are the backbone of the entire business world; two failing car companies, not so much.
It's irritating that both Chrysler and GM get off scott-free but I can understand the rationale behind it because emerging out of bankruptcy with $10+ billion in debt defeats the purpose of a bankruptcy.
As for the unions getting a stake: that's for their retirement fund, no? It's supposed to cover paying for all the retirements so GM doesn't have to.