Come on really ? GM did we bail out the French ?
Attention sookers, um I mean US tax-payers: Apparently we now in addition to owing AIG, which spent all our billions paying worthless credit default swap deals to GOLDMAN sUKS... SAKS... in addition to owning Generous Motors, we now partially also as a result own French Peugeot's.
WHY ??? anyone remember when they had an electric car way back in the day ??? and they choose to screw it up and not develop it ? ANyone remember how they blew a ton of cash and potential in SAturn ???
So did them Frenchies ??? buy any Gm shares ??? nope...
DID GM offer to redistribute any cash back to shareholders ??? both inside and outside the gov shareholders ??? h3ll no....
Instead we helped bail out a French Billionaire family... for what ?? small car technology ???
For what to sell cheap unprofitable cars to Europeans ???
As much as things change, they always seem to stay the same.