Tag Archives: nationalization

Bankers can’t build cars

Let’s just call it “fair and balanced.”  Yes, GM’s debtholders are crying to the media and the government that the offer they’re getting is not “reasonable” is “absurd,” and “amounts to using taxpayer money to show political favoritism of one … Continue reading

Posted in Labor, Politics | Tagged , , | 1 Comment

Monday, Monday

A few brief notes on the GM announcement and press conference and the auto bailout in general: From the NY Times live blog After restructuring, GM will be 89% owned by the U.S. government and the UAW via the union’s … Continue reading

Posted in Labor | Tagged , , , | 2 Comments