That's exactly it. They will get a nice chunk of that money but the actual workers will see none.
Enough already. Let GM collapse and they can start over without the HUGE debt and goodbye unions.
No bailout!
The workers will get none, however the union coffers will be full and they can then generously fund Democrat campaigns, high-powered union lobbyists (to secure more bailouts probably), and far-left 527s and activist groups (Moveon.org, ACT, etc).