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