Chrysler is entering bankruptcy, which—along with its wayward big brother GM—it should have done a long time and billions of wasted dollars ago. That is the good news. The bad news, and a troubling glimpse into how the President sees capitalists, is that he has decided that those investors who didn’t like the deal he and his car czar were offering are nothing more than speculators.
Tags: chrysler, obama, investors, speculators, venture capital, bankruptcy
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Posted: 4/30/2009 | Comments (0)
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