by David Ruggles Amid the political turmoil of election season the rescue of the domestic auto industry by the George W. Bush administration and the…
Category: bailout
Auto Bailout Redux: Warren Buffett
Posted in bailout, bankruptcy, car czar, Chapter 11, Chapter 7, Chrysler, DIP finance, General Motors, GM, Government Automotive Task Force, TARP, and Warren Buffett
…it was Bush who bailed out GM — Obama forced it into bankruptcy… Steve Rattner’s blog points out a February 27th CNBS interview with Warren…
Auto Bailout Redux and Mitt Romney
Posted in bailout, bankruptcy, Chapter 11, Chrysler, DIP finance, General Motors, GM, Michigan primary, Mitt Romney, and Rick Santorum
See the post on my parallel blog, US and Economics on Mitt Romney’s puzzling statements on the government-led bankruptcy of GM and Chrysler. First, as…