Penske deal fails, Saturn to be shut down

Like I said, Ford fucked themselves in a good market and were able to liquidate assets and get credit to keep afloat. GM’s shit hit the fan in a bad market when no credit was available and were not fortunate enough to be able to liquidate assets. That isn’t anything for Ford to hang it’s hat on.

Fanboy or not, ford told the gov to piss off with bailout money and that should be worth something.

What, exactly?

Do you really think that all of the money they took will be paid back to the government?

Yes, I do. They have tangible assets. If GM fails and the government totally takes it over, they have shit that can be sold to recoup that money. Now Goldman Sachs and AIG are a different story.