Quote:
Originally Posted by GTAHVIT
If the gov hadn't given them that money then GM would be just that much further in debt.
Not to say that in hind sight it would have been better for GM to file last year, before the loans.... But I'm not sure that they would be able to continue producing cars back then
I'm guessing, but I think the loans they got early on are allowing them to maneuver the bankruptcy process while continuing to produce cars and earn revenue...
My guess.
|
So its better for my three year old to be in debt (the tax payer)? WTF!!