Help me out with this. Last month, GM got $4 billion (or was it $8b?). Now Fritz Henderson has said GM could run out of money before March 31st if they don’t get the second payout of $5.4 billion. I don’t mind this, i don’t want GM to go away (chrysler sure, still mad at those guys).
What magic happens with the $5.4 that didn’t with the first $4b?
What’s the big financial picture i’m missing here? Will they just keep coming back for more until the economy turns around?