These compaies
were to big to fail...
Which is exactly why they should have told the UAW and the feds (collectively) to pack sand and go ahead and shut down a few plants.
The losses would have been minimal compaired to what they're facing now.
Ah well, three months and billions later GM is prepping to file bankrupt. Chrysler will follow a month later...
I find it amazing that a company can sell a half million cars a month and can't keep the doors open.
I however am not stunned by the fact that the government failed to fix it.