“Two years after recalling 30 million cars, GM sold a record 10 million vehicles worldwide and reported a profit of $12.5 billion, which was a record,” Cooper writes. “Even though GM paid a $900 million fine to settle criminal charges with the Justice Department, no individual was ever charged with a crime.”
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Isn’t the Gooferment supposed to be like the sports referee? Calling fair or foul in the cases before them. Well this meme is destroyed in this particular case. The Gooferment allowed this to be covered up and no individual was held accountable.
Does this illustrate the incestuous relationship between the corporation and the Gooferment?
Remember that GM was derisively called “Gooferment Motors” after BHO44 screwed the GM bondholders and “saved” GM from bankruptcy. The Gooferment had a bias in favor of GM’s continued existence.
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