The car company that got a $55 billion bail-out just gave Peugeot a bailout of $400 million for their junk stocks.
Btw- GM still owes us taxpayers some $25 Billion that we'll probably never see...just like the billions of unpaid income taxes from Federal workers.
It's a hell of a note that Peugeot might improve GM's styling or reliability.
ReplyDeleteTalk about damning with faint praise.