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wll then why wouldnt get govt just buy it from cerebus then make it a public company sell shares to the public, it would make more sense IMO (unless they laread have done this im not sure tho)
Bush administration officials last week rebuffed a request for some $10 billion for GM to fund its proposed merger with Chrysler in part, out of concern for the tens of thousands of jobs that would be lost as a result, sources have said
yeah there is already a thread about this that is just as useful. basically Chrysler called it off with nissan, GM and is now talking with Hyundai. that is as much as i know,
the best way to keep up with it is just to check autoblog.com