Thursday, May 7, 2009

Today's Fly Or Die Commerce Report

CNN has revealed that as part of their bankruptcy filing: "Crysler LLC will not repay U.S. taxpayers more than $7 billion in bailout money it received...This revelation was buried within Crysler's bankruptcy filings last week."

Is this going to be a trend among corporations that received billions in bailout funds: Get bailout money, file for bankruptcy, abscond responsibility to payback received bailout funds?

No comments: