That appears to be a false claim. Where is it his "cronies" received stock in the companies? This sounds more like aicheeks post. - Obama's cronies!
You don't like the bailout of the auto industry, giving them direct financial help, fine, but you can't have that argument if you are fine with unneeding Co's receiving scratch from Uncle Sam.
On a side note, it didn't bother any of you claiming cronyism when W was out there making sure all his buddies had jobs (big paying important jobs) and his buddies in big industry everywhere were on the - Bush is in office, dole. And now, all of the sudden you guys claim cronyism by the Democrat in office and yet I don't see any facts or evidence of this being posted. Odd, don't you think?