Just in case you think it's all fat cats.

http://amfix.blogs.cnn.com/2009/06/01/bondholder-furious-over-gm-bankruptcy/

Wrong union I guess.

My actual question is a simple.   By what Constitutional authority can  
the Govt. hold any shares of GM and give preferential treatment to  
campaign donors  (Autoworkers Uniion)

I'm truly surprised that this isn't on the way to the Supreme Court to  
be challenged.

(Same for the Banks and Chrysler too)

If I had wanted stock in these dogs, I would have bought them  
directly, not via my Congress Critter.

=c=

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