When General Motors came crawling to Uncle Sam for billions in funding to stave off utter collapse, many supported the government's bailout because GM was simply too big — and too iconic — to fail. Jobs needed to be saved. Dealerships needed to be saved. One of America's Big 3 was simply too big to simply vanish.
Now $15 billion later (with a desire for another $11 billion), GM has announced a restructuring plan that completely disregards every reason we were given for saving it in the first place.