Posts Tagged ‘UAW’

May 26th, 2009

Yes, We Are Giving Money Away.

Some extraordinary things are happening in the bailout of General Motors. Too bad everyone is too numb to notice. Consider this extraordinary fact: The U.S. government is likely putting up to $50 billion in new money to back the company’s bankruptcy reorganization, according to people familiar with the plan. Most of this is what is [...]

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