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: Instapundit.comMORE REVELATIONS FROM THE CHRYSLER BAILOUT TAKEOVER: ?Buried in the Chrysler filings was the revel?
By Glenn Reynolds
MORE REVELATIONS FROM THE CHRYSLER BAILOUT TAKEOVER: “Buried in the Chrysler filings was the revelation that US government investments in Chrysler will not be paid back, though the government will probably take an 8% equity interest in Chrysler. . . . David Yermack wrote in the Wall Street Journal last fall that it would have been better if the government had simply written a check to each worker ? or even just burned the money.” Seems prescient now!
Full post as published by Instapundit.com on May 06, 2009 (boomark / email).
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