They got more money than they asked for, with fewer strings attached, and less oversite.
Oh, and who’s the “car czar”? The guy who’s supposed to watch over all this? why, our favorite bailout maven, who’s done such a fine job with the bank bailout–none other than Henry Paulson.
Here’s Mish’s take on it: http://globaleconomicanalysis.blogspot.com/2008/12/bush-wimps-out-on-autos.html
I wish someone would bail me out.