YES. They should have the first time they wanted money. I can recall a certain Mitt Romney predicting everything that is happening to GM back in late November: http://www.cbsnews.com/blogs/2008/11/...
Boy does the GOP look dumb now for not having him as our candidate in 2008!
I think that eventually they will file for bankruptcy, I think its been along time coming. They really need to clean house from the top down. I never understood why the top excutives recieve new cars every few months and huge bonuses. Y cant they purchase their own cars out of there already large paychecks and live off of whats left like everyone else????
Beats being a quasi-nationalized enterprise having a board of directors which would include 535 members of Congress.
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