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GM CEO: Thanks for the Money, I Think We'll Declare Bankruptcy Now

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FredWM3/31/2009 11:27:41 am PDT

So what exactly did we get for the 50 quadrillion buck GM got since last fall? At that time it was obvious that GM’s only two choices were bankruptcy or never-ending life support from the federal government. So we chose the worse of both worlds: tens of billions in life support AND bankruptcy.