Comment: Hostess would be insane to

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Hostess would be insane to

Hostess would be insane to ask for a bailout.

GM's bailout resulted in 100% loss for GM. Just check out their stock quote: That's because the "new GM" is a completely separate company than the "old GM." It was a fleecing, not a bailout, and the proceeds went to their friends.

The new GM = General Motors COMPANY

The old GM = General Motors CORPORATION

Named quite similarly, but two different companies. Named in such a way to help convince Americans that GM was saved by big gov when it was actually destroyed by big gov. Even the new GM's website itself explains a little of this: (last question at the bottom).