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the stupid burns...,
2009-04-28 20:15:06
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Delong:
that the stimulus i...,
2009-04-30 11:48:59
everything we should be doing to the banks we're doing to the auto makers:
the administration said it would seek to use the [bankruptcy] process to create a new Chrysler company. Its ownership would be divided, with the company's union retiree health fund receiving a 55 percent stake, Fiat would claim as much as a 35 percent share and the United States would take 8 percent. The Canadian government would receive two percent.
I guess the good bank model isn't good enough for insolvent financial institutions - they just need trillions and trillions of dollars to get through a tough spot! - but is just right for insolvent manufacturers.
:: posted by buermann @ 2009-04-30 09:18:32 CST |
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