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Reply To: Should the USA Auto Industry be bailout?

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Anonymous
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@Goldfinger 186012 wrote:

Well at least they are not “executives” as is always wrongly claimed. They are a business that makes money with agents and they won’t have their next meeting in a shed. What I find more interesting is that some of the banks that receive bailout money are planning to pay out a large chunk of that in dividends straight away which seems to completely defy the point and makes my wonder why they applied for it in the first place.

I just saw on CNN where the oversight committee is not very happy about this ‘meeting at a swanky’ resort and has asked the CEO to resign and I don’t blame him. Thank goodness someone in congress has some common sense! :tongue:

BTW very good points bud!