Why were GM and Chrysler bailed out? (user search)
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  Why were GM and Chrysler bailed out? (search mode)
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Author Topic: Why were GM and Chrysler bailed out?  (Read 744 times)
Stampever
Jr. Member
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Posts: 489
« on: May 28, 2009, 03:48:15 PM »

Probably.  I didn't understand the need for the two auto companies to be bailed out.  The bankruptcy process is there just for cases like this . . . companies who are in a position where they cannot pay their lenders but still create a viable product/service.  The airline industries were not propped up with billions in bailout funds, and they came back leaner and meaner.  Why are the auto company's any different?
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