Read real slow, GM was broke and could not pay any of it's creditors for the parts in the cars on dealers lots. GM had no money and has no money, it is all tax payers now.
“......Additionally, money is money. Once it goes into GM’s coffers, it cannot be distinguished from money from other sources. So if GM spends $200 million at each of 5 US plants and $500 million at each of two Brazilian plants, who can say where each billion came from?
Read real slow, GM was broke and could not pay any of it’s creditors for the parts in the cars on dealers lots. GM had no money and has no money, it is all tax payers now.....”
....anbd GM is already making noise about needing more billions by the end of March!
Let them go bankrupt!!