Already $25 billion into the bailout and what happens? Shedding 50,000 jobs and asking for another $14B.
It wasn’t difficult to predict they’d be back for more. Neither is it difficult to predict there will be more still.
If we’re investing so much money into these companies, the taxpayers (Americans and Canadians) should get a stake in them, similar to some of the financial bailouts. Maybe a change in management would be more productive than more public money.