>Nonetheless it happened and now the Government (which doesn't try to run GM<
Not true. Where Paulson (Bush's Secy of Treasury) and Geithner (Obama's Secy of Treasury) took equity they issue orders.
This came out in a lawsuit brought against Bank of America by its shareholders. Bank of America bought out Merrill Lynch when that investment house went belly up. Thing is, they paid something like $19 a share when Merrill Lynch was selling on Wall Street for $9 a share. The BofA shareholders demanded answers and got none, so they sued for breach of fiduciary duty, aka don't buy shit companies for 2x what they're worth.
BofA's board testified that they had no choice. They swore that Bush's Secretary Paulsen had come to them and ordered them to buy Merrill Lynch and the price they had to pay. They swore that Paulsen said if they didn't choose to comply with his directive, he would have the Federal Reserve order them to do it. They swore Paulsen told them if they still held out that any Federal assistance to Bank of America would be dependent on their resignation. Either they obeyed or the Fed would bring down Bank of America.
That was their story and they produced a letter Paulsen wrote them to prove it.
Paulsen was hauled in front of Congress to explain himself and he basically gave the Jack Nicholson speech from A Few Good Men, about hell yeah he did it and you can't handle that truth
Geithner was Paulsen's NY boy at Treasury during the Bush years, Obama promoted him to provide continuity through the fiscal meltdown
The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.