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On Dec 15, 1:09 pm, "Leon" wrote:




http://news.yahoo.com/s/nm/20081215/bs_nm/
us_generalmotors_loan_bankofamerica

So if Congress gives them all just 14 B, how will that fix anything?
BOA actually stepped in only as a means to protect their own interest
or we would never really know the real cost for GM.

I am wondering what it will cost to bail out all of them... I don't
believe there is a bottom to this this, especially if we wind up with
all three on deck with their hands out.

And now that the additional (on top of the TARP 700 B) stimulus/
bailout money is approaching an additional TRILLION before stewardship
of the country has even changed hands, I am wondering myself when all
of this will stop.

U

I'm afraid to say that a majority of the Big 3 workers are not totally
unlike the majority of the people that bought houses that were way beyond
their pay grade. It all catches up with you sooner or later. Later has
arrived.