« on: September 09, 2009, 04:53:06 AM »
did not provide an estimate of the projected loss in its latest monthly report on the $700 billion Troubled Asset Relief Program. But it said most of the $23 billion initially provided to General Motors Corp. and Chrysler LLC late last year is unlikely to be repaid.
Taxpayers face losses on a significant portion of the $81 billion in government aid provided to the auto industry, an oversight panel said in a report to be released Wednesday.
But we were forced to bail out these guys while they sat back and took in there salaries and bonuses at our expense.
This is absolutely aggravating to say the least.
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Springer Tunin
