“And then, there is the bailout itself. Which was really a bailout of the unions at the expense of the stockholders and company. IMO, the reason, they had to file for bankruptcy was because they build crap. Their quality sucks! Yet, after the multi-billion dollar bail out I didn’t see any effort to improve quality and customer satisfaction. BTW, they paid the so called “loan†with TARP money. Yes, they received a bunch of TARP money. “
You are nobody’s fool.
Obama burned the bond holders, and fed the union thugs.
And yes, GM NEVER repaid all of those billions. They lied, and the MSM swore to their lies!
Absolutely right! This whole fiasco makes my blood boil.