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Originally Posted by YogsVR4
If their plans are so damn good that the taxpayers should be on the hook, why isn't the UAW lining up with their cash reserves to take a piece of GM? They're just like the management, they only want to risk someone elses money.
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I was thinking along the same lines but rather than asking the union peons to put their money on the line, why not ask the rich bastards that came up with the bailout plan to put their money where there mouth is. All of the CEO's should be asked to put up 80% of their personal wealth at risk alongside the taxpayer money they desire. If they refuse, how much belief do they, or we, have in their plans and how much dedication do they have in actually pulling off the restructuring?
Got to put in some restrictions so they can't take the loan, pay themselves and then just run off.