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In response to
"Unfortunately, Hank Paulson and crew have shown they either aren't interested or don't know how to force the lenders"
by
Brian
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I agree they have been bad about imposing conditions, but I think if they were willing to provide guaranties they might have some luck. And I really
Posted by
pmb (aka pmb)
Nov 17 '08, 13:47
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think it should be done through bankruptcy as opposed to as a bailout. Let them use the resources available to them in bankruptcy to improve the deals rather than have the government be the bad guy. GM should take the heat.
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