The Detroit News reports that GM and Chrysler are working furiously behind the scenes to extend the March 31 government deadline re: meeting the conditions of their $13.4b bridge loan to nowhere bailout buffet. Surprise! The American automakers’ inability to take responsibility for their actions may be true-to-form, but that doesn’t make it any less nauseating. Nor does the News’ coverage of the company’s weaseling, which put the “sick” in “sycophancy.”
Wednesday, February 11, 2009
The Weaseling Begins
Robert Farago with Bailout Watch 385 at The Truth About Cars, February 10, 2009
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