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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (562169)4/21/2010 2:21:22 PM
From: i-node  Read Replies (2) of 1575761
 
>> Whoop-dee-doo, the government offloaded a huge portion of GM's debt

Not only that, they bought stock when nobody in his right mind would have done so.

Maybe this thing works out, I don't know. But there is little doubt the taxpayers would have been better off to have let the process play out the way every other Ch.11 in history has.

Membership has its privilege, particularly when it is the UAW you're a member of.
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