Let's see if you can follow along...
According to the Report, GM and Chrysler were ordered to submit restructuring plans by February 2009.
The federal govenment (that would be Obama) reject the plans.
In May, GM announced they would be cutting dealerships -- but not until late the next year.
GM tells 1,100 dealers they will be shut down
The federal government (that would be Obama) bought controlling stock in GM in June.
Government Takeover of GM ‘Just Short of Socialism,’ Economists Say
Back to the report:
You're naive.
How would anyone know? They didn't do ent how it was done and the federal government was all up in their business long before they took GM over in June.
I know your news sources didn't report on it but it was a topic at the time...