GM and Chrysler want considerably more $ than they told us when getting us pregnant with their bailout last year.
General Motors Corp. and Chrysler LLC, which have requested as much as $21.6 billion in additional government aid, may need “considerably” more than that, said Steven Rattner, the Treasury’s chief auto adviser.
Is this a surprise? Not to me. Government programs always cost less, get enacted and then cost way more than we were told.
But then what price would you charge to be run by Chris Dodd and Barney Frank? A pretty penny indeed.
Let them fail. Somebody will pick up the worthy pieces.