http://online.wsj.com/article/BT-CO-20090505-714780.html
GMAC 1Q Loss Widens On Credit Woes, Weak Economy
http://www.reuters.com/article/marketsNews/idINN0548672220090505?rpc=44
GM details plans to wipe out current shareholders
http://money.cnn.com/2009/05/05/news/companies/chrysler_loans/index.htm?postversion=2009050519
Chrysler won't repay bailout money
This is just the beginning of the massive failure of ALL OF THE BAILOUT PLANS. Prepare for more job losses, prepare to take it on the chin for corporate America, prepare for higher taxes.
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