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: Instapundit.comPROFESSOR BAINBRIDGE: ?You don?t need banks and bondholders to make cars?? ?If creditors get tired?
By Glenn Reynolds
PROFESSOR BAINBRIDGE: “You don’t need banks and bondholders to make cars”? “If creditors get tired of getting screwed, the Chrysler debacle and the looming repeat at GM may mark a major shift in the ability of American business to finance operations and growth. Indeed, this particular chicken may come home to roost almost immediately.”
Full post as published by Instapundit.com on May 11, 2009 (boomark / email).
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