GM pays Fiat $2 billion

The soap opera is over and GM pays up big time. 2 billion bucks to be exact. What does GM get with the $2 billion payoff? The end of the Fiat alliance and the return of the 10 percet of Fiat auto that GM held. There's a ton of other stipulations that you can read from the Reuters news story. Good news is that this is over. Bad news is it was just another dumb move that GM has paid dearly for when they have no cash to be throwing away.