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Old 03-07-2009, 12:13 PM   #46
Locke
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Originally Posted by Flame Of Liberty View Post
The German government was not impressed by the "business plan" either:

Media reports suggest that the German government was angry that the bail-out proposal - which asked for 3.3bn euros (£2.93bn; $4.16bn) - was simply a glossy 217-page brochure which read like an advertisement, rather than presenting any viable business plan.
Finance minister Peer Steinbrueck said the plan was "no basis" for the government to make a decision on whether to grant state aid.

http://news.bbc.co.uk/1/hi/business/7927924.stm
Doesnt this make the US look like a bunch of chumps for already having handed over the cash after likely receiving the same unimpressive dog and pony show?

On that note, isnt Canada planning on giving these guys more cash too? Maybe its time someone actually read whatever GM has been handing out.
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