Quote:
Originally Posted by diddiyo
so that means he's not allowed to have an opinion? you do realize GM sells cars all over the world right?
but wasn't that why they were pumping billions into GM for half a year already? to save them from going bankrupt in order to save jobs etc? everybody was like "ooooh we can't let them go bankrupt!!!" and now all of a sudden bankruptcy is the right thing to do?!
i really don't get it. what was all the money good for?
|
If the gov hadn't given them that money then GM would be just that much further in debt.
Not to say that in hind sight it would have been better for GM to file last year, before the loans.... But I'm not sure that they would be able to continue producing cars back then
I'm guessing, but I think the loans they got early on are allowing them to maneuver the bankruptcy process while continuing to produce cars and earn revenue...
My guess.