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And how much did they loose in the GM bailout, was it 10 billion? And how many billions did Fiat walk away with?
Proping up credit markets by buying paper isn't the same as screwing bond holders and giving the corp to a union with a 10 billion tip, paid for by taxpayers, but at least with interest paid.
No one will know how bad it could have been without the bailouts, mostly in the real estate and insurance businesses.
regards
Mech
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