Remodeling Maidiac
Diamond Member
- Banned
- #201
Bond holders generally come first anyhow.The bailout shit all over the share holders, tax payers & dealership owners.The bailout saved the pension plan and the UAW.Regardless it seems the left doesn't understand bankruptcy. Many business come out of it stronger than they went in. The bailout was a waste of taxpayer money. GM ended up in bankruptcy anyhow.An Inconvenient Truth: It Was George W. Bush Who Bailed Out the AutomakersJobs wouldn’t be there if Obama didn’t save the jobs by bailing out GM.
And bond holders.
In deference to the union