Automakers Seek $14 Billion More in Aid

From NYTimes.com: Automakers Seek $14 Billion More in Aid

The price tag for bailing out General Motors and Chrysler jumped by another $14 billion Tuesday, to $39 billion, with the two automakers saying they would need the additional aid from the federal government to remain solvent.

How many times are we going to see GM and Chrysler back asking for government money?  It almost seems like they either don’t know how much money they truly need or are purposely asking for smaller amounts more frequently because they always have the threat of unleashing several hundred thousand unemployed workers.

This is almost an argument for never letting a company get too big where it could actually affect the economy if it goes under.

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