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So they bascially took a huge taxpayer bailout and used it to make the worst cars they made in decades. Great investment.
Who didn’t see this coming? Government cannot run anything without destroying it.
Everything the Democrats touch turns to crap.
Real GM Chairman Obama’s Appointed chairman and puppet Board of Directors committed fraud on the folks who bought the GM IPO when they swore there were no hidden liabilities. Whoops! The behavior of Barry’s criminal gang at all levels is betrays “tells that there were known hidden warranty defects not just in the “old GM” designed cars (pre-bankruptcy...yes GM DID go bandrupt) but in in post-bankruptcy designs.
Obamas Dept of transportation safety behavior betrays “tells” that Barry’s minions conspired to hide the defects of GM cars and NOT to issue recalls, IMO. This is the appearance of what has been going on IMO as a retired Certified Fraud Examiner (CFE).
The US Gov’t owned a controlling interest in GM until fairly recently and will be sued by the shareholders if the stock tanks when the lawsuits starts. The stock appears to be being propped up so far, likely by Barry’s Wall Street friends, so far.