SHOOT: GM has requested a total of $30 billion. This website hereby requests a bailout, make it $500 000 because it is now too big to fail (and I'm too lazy to try anything else).
WASHINGTON – Taxpayers invested another $2 billion in General Motors Corp. this week as the struggling auto giant continued efforts to restructure and avoid bankruptcy court.
The Treasury Department said Friday it lent the additional money to GM on Wednesday to provide working capital. The loan pushes the total amount of GM's government aid to $15.4 billion after the company said it would need more money in the second quarter to stay afloat.
GM had requested a total of $30 billion, and it's unclear just how much of that the government is willing to give.
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