Dude, I’m Serious – Where’s My $50 Billion?
This is a follow on to an earlier post: http://www.deborahwright.com/2009/07/dude-wheres-my-50-billion/
I just read that GM is drawing down more of its $50 billion taxpayer-funded bailout escrow fund. This made me wonder again about that great big $50 billion loan we, the taxpayers, made a year ago. At that point, it was to a loan to tide [...]
Dude, Where’s My $50 Billion?
GM emerged from bankruptcy today. It was announced with all the expected fanfare, CEO Fritz Henderson saying: “This is an exciting day for General Motors, one that will allow every employee, including me, to get back to the business of designing, building and selling great cars and trucks and serving the needs of our customers.” [...]
