Quote:
Originally Posted by PonchoJohn
It's a damn shame GM got all our tax money first...
|
It's called a leveraged takeover...
Everone knew a Chapter 11 was inevitable, but by the Govt giving GM the pointless billions they could then wrest control of the company.
Ford was the smart company...
__________________
"A ship in port is safe, but that's not what ships are built for."
See Bad Penny run the cones:
https://www.youtube.com/watch?v=8GUPPIX-92U
1971 Chevelle Wagon - Roadster Shop Chassis ProCharged Shafiroff LS and lots of yada yada
1968 Camaro - Project Track Rat - 440 RHS LS