[Yossarian]

Does the $10Bil lost on GM also include the >$12Bil that taxpayers were forced to give to Ally (formerly GMAC Finance)? Remember, the ‘most’ transparent administration also split out GMAC/ALLY from GM in 2009 so the losses on the auto bailout wouldn’t look so bad.

I completely agree that this was wrong and underhanded. However, it appears that the government came out a little ahead on the Ally deal.

[GeronL]

doesn’t really matter, they were robbing the stockholders to benefit the UAW and all that.

Government should never make private loans.