Politically, it WOULD be nice to hang the collapse of GM on Obama.
GM and Chrysler Will Get More Help, With Tighter Strings
Even though the automakers haven’t delivered promised debt restructuring, they appear set to get billions more in taxpayer dollars
By David Welch
BW Exclusives
The Business Week, Mar. 27, 2009
President Barack Obama will likely throw General Motors (GM) and Chrysler a lifeline on Monday, Mar. 30.
Neither company has met its targets. So the President and his Auto Task Force will likely promise the two companies enough cash to keep going for the next few weeks or months
http://www.businessweek.com/bwdaily/dnflash/content/mar2009/db20090328_721593.htm
oh yeh, that would be sweet.