In all business failures there's plenty of blame to go all around. Per the article the time line coinsides with GM signing outrageuos UAW contracts.Contracts that almost all professional accountants, actuaries and economist could not be sustained over time, well except union economist. My biggest problem is the structure of this bailout. It's about paying off political donors.

Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. H. L. Mencken