So let me get this straight. The US shovelled a ton of money into GM so that it could avoid going bankrupt, because that would force it to renegotiate debt and supplier arrangements, reduce product lines and brands, and reduce its workforce. So what did GM do?
Yep: renegotiate debt and supplier arrangements, reduce product lines and brands, and reduce its workforce.
And now it might go into bankrupcy protection anyways.
...makes sense to me, boss.
