2008-12-19

The Bailout

The bailout is upon us.  GM, a one-time symbol of America and Chrysler have receive bailouts.  It is good news if you work for those companies; however the Bush administration did give them quite a few conditions to meet including renegotiating with the unions.  Ford, meanwhile, got nothing.  For a good article on how getting nothing could be a good thing, read this: http://www.nytimes.com/2008/12/20/business/20ford.html

1 comment:

Anonymous said...

You're absolutely right. Ford will fix itself without the bailout.