How GM Went Bankrupt

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How GM Went Bankrupt
#shorts
#generalmotors

How General Motors went bankrupt.

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WHO AM I? My two YouTube Channels, @ClassicCarsDocumentaries, and @ClassicCarChannel are my passion, mixing my love of vehicles and storytelling to bring you entertaining business stories and business documentaries. I work in media, and everything you see and hear is from me and my talented team. I hope you enjoy it and subscribe. Cheers! .
Credit to owner: -

This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in an effort to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. we believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit.
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COPYRIGHT DISCLAIMER:-

Copyright Disclaimer under section 107 of the Copyright Act of 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.” .
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GREED IS THE GRAVE FOR EVERY BUSINESS!

victormusat
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As soon as Obama said "too big to fail, " I knew the taxpayers were being taken for a ride. Since reality is always 180 degrees opposite of whatever a Democrat says, the first words in my mind were "too big to succeed." The same with Fannie Mae and Freddie Mack, etc.

chuckseminski
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You fail to mention that GM paid that loan back in 2 years. Not a single bank that was bailed out did that

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