The RM1.1bil question

BAILOUTS do happen every now and then. In 2008-2009, during the global financial crisis (GFC), the US government bailed out General Motors Co (GM) on the basis that it was too big to fail, given its interconnectedness within the United States and global economies.

A collapse of GM would have had a domino effect on many other sectors in the United States. That justified the bailout.