Versailles with Training Wheels
In this perfect meritocracy we commoners call America, it's good to see that our most dynamic, enterprising and promising youth can pull themselves up by their own bootstraps and, by dint of the shear force of their intellegence, effort, and hard work*, rise to the top.
Treasury and the UAW will own GM... and Versailles tolls the death knell.
I thought this would be posted by now:
But the dramatic move means that at least temporarily the U.S. government would have the right to call all of the shots at the Detroit automaker -- as part of its $15.4 billion in loans to GM to date. GM said today it expects to receive another $11.6 billion in loans from the government this year.



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