re: #1 Naso Tang
“Thanks to stock price”.
I suppose we can blame the gummint for all stock price declines, or maybe the EU, or maybe congress which is bringing us to another confidence brink shortly.
What I would like to know is what the “taxpayer” cost in all its real forms would have been had GM dissolved.
That implies a false choice. A normal bankruptcy would not have meant the dissolution of GM. But it would have mean the Obama-supporting UAW, and not GM’s boldholders, would have taken a hard hit.