|
Registered
Join Date: Jan 2002
Location: Nor California & Pac NW
Posts: 24,814
|
The govt involvement is inevitable.
Without lots of govt money, GM will not emerge from bankruptcy. Who but govt would provide $10BN+ of debtor-in-possession financing to GM?
Govt is not going to provide that money without involvement and some degree of control. Not after the AIG embarassment, and not with Wagoner's record.
__________________
1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211
What? Uh . . . “he” and “him”?
|