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Beverly Hills Dude gets $2.5 billion from taxpayers...

Recs

31

June 05, 2009 – Comments (1)

Yup, this GM thing is working out great... for some folks.

GM will provide more than $2.5 billion of the $3.6 billion necessary for Beverly Hills-based buyout firm Platinum Equity to gain control of Delphi, according to a person familiar with the matter.

GM, of course, wouldn't have any money to provide for this kind of thing had not Obama and friends showered another $30 billion on it.

Who are these guys trying to "help" again?

Maybe they should stop trying to help.

1 Comments – Post Your Own

#1) On June 05, 2009 at 5:58 PM, RookieQB (29.04) wrote:

Big rec homie

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