6.02.2009

Is that what that is?


While GM workers are losing their retirement health benefits, their jobs, their life savings; while shareholders are getting zilch and many creditors getting hosed, a few privileged GM lenders – led by Morgan and Citibank – expect to get back 100% of their loans to GM, a stunning $6 billion.



The way these banks are getting their $6 billion bonanza is stone cold illegal.



I smell a rat.

[From Greg Palast » Grand Theft Auto: How Stevie the Rat bankrupted GM ]


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