Comment Comment by tadfisher Did you miss the next sentence?> A study by the Center for Automotive Research found that the GM bailout saved 1.2 million jobs and preserved $34.9 billion in tax revenue.The whole point was to avoid the economic fallout of a GM collapse (and with it, yet another bank for the FDIC to deal with). parent tadfisher 2 years ago
> A study by the Center for Automotive Research found that the GM bailout saved 1.2 million jobs and preserved $34.9 billion in tax revenue.
The whole point was to avoid the economic fallout of a GM collapse (and with it, yet another bank for the FDIC to deal with).