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Old 11-07-2008, 11:37 PM   #22 (permalink)
sagegriot
Walking
 
Join Date: Oct 2008
Posts: 13
Re: Breaking: GM looking at strategic options for GMAC

Quote:
Originally Posted by FoMoCo Fan View Post
Don't you just long for the good ol' days when GM was paying Fiat $2 billion for the right not to buy Fiat?
I thought I was the only one who remembered that! That joint venture with Fiat was one of the worst ideas of all time IMO, and Fiat cancelled the deal and blackmailed GM. In retrospect $2B seems like peanuts nowdays.
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