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Video: Romney Insists He Was Right About Allowing the Auto Industry to Go Bankrupt

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Buck6/14/2011 12:50:13 pm PDT

re: #80 BongCrodny

How much would they have gotten if the companies had gone under?

You mean declared bankruptcy? I don’t know.

But the point is that the rules were skirted in this case. If all that happened is that GM borrowed money and then paid it back, then what happened to the debt to the shareholders?