2009-06-02ft.com

"As General Motors finally filed for bankruptcy on Monday, some critics of the move have already made the case that Congress, not a White House task force, should have planned the bankruptcy. They are right about one thing: a White House task force should not have planned the bankruptcy. But they are 180 degrees wrong about what the government should have done. The bankruptcy needed much less “public policy” input, not more. If GM were going through a “normal” bankruptcy, here is what would have happened:"



Comments:

catherine at 03:01 2009-06-03 said:
BOY ARE YOU RIGHT

it would not have allowed this commie/facist to

trash GM in public further showing his RICH AGAINST POOR CRAP

make them lose their plane (THAT WAS JUST SHOWBOATING)

NO, THIS ARROGANT BEGINNER WHO HAS NEVER RUN A BUSINESS or in anyway run anything is just playing with THIS GREAT NATION IN OUR TIME OF TRAGEDY, remember they said NEVER LET A GOOD CRISIS BE WASTED

they needed to pay the unions back FOR THE HUNDREDS OF MILLIONS THEY USED TO ELECT THIS BEGINNER AND WHAT BETTER WAY THAN TO TAKE ONE OF THE OLDEST AND BIGGEST COMPANIES IN THE NATION, STEAL IT AND HAND IT OVER TO THE UNIONS

this chicago thug is coming soon to an INDUSTRY YOU LOVE

hope and change hope and change hope and change hope and change Permalink

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