Quote Originally Posted by noonwitch View Post
Ford asked for the bailout of the other two, though, because they feared that companies that supply materials to all three would go bankrupt.

I shudder to think where my state would be if the Obama administration had fabiled to bailout GM. I think Chrysler, which Reagan bailed out in the 80s, should have been told
"we bailed you out once".
Chrysler under Lee Iacocca also paid back every penny of the guaranteed Loan with interest.