Private funds would have swept in (as usual) and out of the ashes of the big three, one good company would have become world classBears____________________Seriously doubt it. Private funds were in the running, they chased after them with all kinds of deals. Even with government backing, there were no takers. The auto industry is a very capital-intensive business, with low returns. There are much, much better investments out there for huge capital.Being stuck in your own ideology is a recipe for disaster.
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