SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: LindyBill5/11/2009 6:47:57 PM
2 Recommendations  Read Replies (1) of 793718
 
"You Don't Need Banks and Bondholders to Make Cars" [Stephen Spruiell]

Of course not. You just need taxpayers.

In related news, GM CEO Fritz Henderson said today that the Obama Treasury will not allow GM to offer its bondholders more than 10 percent of the company. The administration's thuggish behavior toward Chrysler's creditors now looks calculated to intimidate GM bondholders as well

The Corner on National Review Online (11 May 2009)

corner.nationalreview.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News