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Re: ergo sum post# 53441

Thursday, 08/30/2012 10:24:37 AM

Thursday, August 30, 2012 10:24:37 AM

Post# of 122343
May 2009...http://www.washingtonpost.com/wp-dyn/content/article/2009/05/26/AR2009052602075.html

Sources said the plan, a bankruptcy reorganization proposal being drafted by the Obama administration, would require the U.S. government to lend GM about $30 billion on top of the $19.4 billion already invested, giving it the majority stake. Canada is preparing to lend about $9 billion for a smaller interest, the sources said.


These figures would total nearly $60 billion, making the GM bailout one of the largest corporate rescues since the current economic crisis began last year and one of the largest reorganizations in history.



I don't see Bush's name here?

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