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Old 12-26-2017, 02:51 PM   #41
LateBrakeU2

 
Drives: 15 RH Z/28, 23 RB2SS1LE, 23LT1VOM
Join Date: Dec 2012
Location: So Cal
Posts: 821
Quote:
Originally Posted by DevilsReject97 View Post
http://www.chevyhardcore.com/news/ed...-yes-they-did/

https://www.thebalance.com/auto-indu...rysler-3305670

https://www.factcheck.org/2011/09/fo...n-on-bailouts/

They got money from the government, it just wasn't the same money handed out under the bailout program. Without it, they'd have been in the same boat. Keep in mind, they also sold off Jaguar, shuttered Mercury, etc etc...
True, but GM was the most egregious in that grease fire- considering it was their sub prime mortgage division that got the whole party started. They alone cost taxpayers over 11B, did a 100-1 reverse split on their common stock and then went BK not to mention the pensions.
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