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Politics : Formerly About Advanced Micro Devices

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To: puborectalis who wrote (653151)4/29/2012 11:24:57 AM
From: longnshort4 Recommendations  Read Replies (2) of 1578065
 
Majority Says GM Ownership Should Have Been Left to Private Sector



Friday, April 27, 2012

A majority of Americans nationwide believe General Motors should have gone through the regular bankruptcy process instead of allowing the federal government to take over in exchange for bailout money. However, they aren’t entirely convinced that the auto company would have been that much better off if it took that route.

The latest Rasmussen Reports national telephone survey shows that 56% of American Adults believe it would have been better if GM had used the regular bankruptcy procedures and left ownership in the private sector. Thirty-two percent (32%) believe it was appropriate for the government to use the special bankruptcy process in exchange for bailout money. Twelve percent (12%) are not sure. (To see survey question wording, click here.)

(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.

The survey of 1,000 Adults was conducted on April 23-24, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
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