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Re: wbmw post# 96329

Thursday, 04/08/2010 3:09:06 PM

Thursday, April 08, 2010 3:09:06 PM

Post# of 578090

Obama took a majority share in the company because no one else stepped up to buy the company, even though the White House worked for a month trying to find a buyer.



I think you answered your own question. Who says GM won't eventually fail, they are still a frail corp. even after the infusion of nearly $100 billion? It would appear the midwest isn't much better off in spite of the WH action.

The obvious reason for the bailout was to satisfy the UAW.......

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