July 29, 2009 (LPAC)—The meeting in Berlin Monday night, which was scheduled to nail down the last details for a German-U.S. deal on the GM subsidiary firm Opel, ended in shock and chaos—due to the shock treatment that the U.S. negotiators from GM and from the Obama Administration gave the Germans: the administration official, only a third-ranking one anyway, insisted that technology patents could not simply be given back to Opel, but had to be paid. And the GM representatives insisted that the German government had to pay EU1.5 billion to GM, and drop the demand that GM pay Opel several hundred million dollars that it owed to its German firm in funds not paid during the past few months. The Berlin talks broke off at 4 a.m. yesterday morning, the Germans being enraged at the affair.
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“Drum prüfe …”
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