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Tag Archive for 'Bailout'Chrysler and the White House report March 30th, 2009 • by David Zatz
One of the interesting things about the government report on Chrysler is how it has been received. Those who oppose aid to automakers slammed it for not demanding that Chrysler and GM immediately be put into bankruptcy, but most of the critiques I’ve read have been from Chrysler supporters. They had some choice words for [...] The bankrupt ethics of bankruptcy February 17th, 2009 • by David Zatz
Years ago, when Republicans controlled Congress and the White House, they railed against the evils of bankruptcy. Personal bankruptcy, at least. They said it absolved people of any feeling of responsibility, and allowing personal bankruptcies without strict limits would destroy the financial system. Not as quickly as deregulating the banking system or running up massive [...] |
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