GM got help from gov't. The gov't got rid of all GM's debt, made a new GM and became the biggest share holder of the new GM. Pretty much all previous GM DEBT and share owners were wiped out. The gov't will sell all shares for a profit. And the new GM will issue new debts etc to pay high salary, pension and benefits etc. But the products it make are the same as before. If it were done by pure capitalism market rules, GM should have bankrupted and other auto-makers should have taken its market share. Therefore consumers can buy better and cheaper cars. The gov't should make sure no monopoly is formed and if one is formed, split it.
选择“Disable on www.wenxuecity.com”
选择“don't run on pages on this domain”
