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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (657622)6/4/2012 2:48:15 PM
From: i-node1 Recommendation  Respond to of 1575804
 
>> Yet Obama takes credit for "saving the auto industry."

This argument they're tossing about -- that GM would have liquidated without the government dollars, is nonsense. GM & DCX would have liquidated pretty much to the same extent they did with or without government money.

Everyone could see GM had more value as a going concern than would have been its breakup value.