[Unfair]

Late last month...

The new GM will be allowed to claim a tax benefit from some $16 billion of net operating losses carried over from the old company, allowing it to avoid paying taxes on future profits, perhaps for years. The issue is a common accounting practice called “tax-loss carry forward,” under which businesses can write off losses against future profits for up to 20 years.
http://online.wsj.com/article/SB1000...298525294.html

Now...
GM gets to dump its polluted sites.

When General Motors Co. emerged from bankruptcy, it was freed of obligations for polluted properties at discarded plant sites that will require millions of dollars to clean up...
http://www.freep.com/article/2009080...polluted-sites

[FenwickHockey65]

Old news and repost.