Elevated from Comments: The Other Half of the Answer
…business opens on Monday. Everyone had been anticipating a deal over the weekend—without one, CFOs and Treasurers get antsy. Noon, the House votes down the bailout package. Immediately, wire and…
…business opens on Monday. Everyone had been anticipating a deal over the weekend—without one, CFOs and Treasurers get antsy. Noon, the House votes down the bailout package. Immediately, wire and…
…as I’d like, but restrictions at least—on the bailout monies going to the high-level execs who have mismanaged those firms for the past several years. If it’s not a bipartisan…
…the “take-charge, we-don’t-need-no-stinking-debate” MAVERICK: I do not believe that the [ill-considered $700,000,000,000 bailout] plan on the table will pass as it currently stands, and we are running out of time….
…the King of America or his toady says. The plan to generate an additional $20 billion loan is also doomed. Temporary bandaids don’t inspire investors. Trump’s Argentina bailout is failing…
…government and business will change forever. In a reset economy, the government will be a regulator; and also an industry policy champion, a financier, and a key partner. GE 2008…
…with a (however-slowly) recovering economy (fueled partly, at least in the rust-belt Midwest, by the auto-industry bailout), will have reduced the national debt by about $2.7 trillion dollars. A fourth…
…he bet on failure and lost. update: Josh Marshall wrote this better here Yes, both Obama and Romney favored the companies going through managed bankruptcy. But the US auto industry…
…since their unemployment rates peaked. I think this is an important thing to consider when we evaluate the impact of the auto bailout and why Obama appears to be leading…
…not know the people I know, who were laid off from jobs here at auto supply companies in southeastern Michigan and have tried everything they could to find work, even…
…tax return. Stack acknowledged his errors but was apparently driven over the edge by the federal government’s bailout last year of various troubled banks and auto companies. Stack wrote that…