I think if you look into GE you will see there never really a real chance to go under. Yes their small end items may have been lagging, but with Healthcare needs and the possibility of healthcare reform by the Obama group they would have survived. The only way they would have gone under is if they were forced to pay taxes. Plus Ford did not take the bailout, so GM probably could have gone through the restructure process and come out ok. So, when will they be requred to pay back the monies owed if they are doing so well now? I think they were looking for a free government handout like so many people.
I think if you look into GE you will see there never really a real chance to go under. Yes their small end items may have been lagging, but with Healthcare needs and the possibility of healthcare reform by the Obama group they would have survived. The only way they would have gone under is if they were forced to pay taxes. Plus Ford did not take the bailout, so GM probably could have gone through the restructure process and come out ok. So, when will they be requred to pay back the monies owed if they are doing so well now? I think they were looking for a free government handout like so many people.