Wouldn't be a hoot if it became a states rights issue if Synder said No.
............The money came from TARP if my memory is correct,.................
It’s not about where the money came from. TARP was only providing bridge funding. The real issue is Bloom/Obama pushing aside of all bond investors and non-union employees, so the unions could take over Gov’t Motors, thus, all investors got screwed while the unions walked away almost whole.
Never before happened in the normal pecking order of creditors in bankruptcy law.