http://www.bloomberg.com/apps/news?pid=20601103&sid=aoEbT.uKdxvM
Stant makes fuel systems for GM and Chrsyler, and their bankrupties have forced this 111 year old company into bankruptcy. They were surely one of those creditors that Tim Geithner pushed out of the way to give GM to the UAW.
It’s hard to make cars without a gas tank and fuel pump and radiators. I guess that 30 something year old “kid” that made these decisions about how to “fix” the car business didn’t know that.
So one more company Tim Geither will have to “save” to keep GM in business. It won’t be the last.