Surprise: Bush sort of does the right thing for GM/Chrysler

I'll admit I'm surprised.  My inner cynic suspected the Bush administration would try a pre-packaged Ch. 11 bankruptcy for GM or Chrysler, or that they would dither and play Hamlet so long that the Chrysler, GM, or some big Tier 1 would end up in bankruptcy anyway for Christmas. Instead, GM/Chrysler get their bridge loans.  … Continue reading Surprise: Bush sort of does the right thing for GM/Chrysler