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Responding to Chrysler comments
As a novice blogger I have been repeatedly surprised and humbled by the thoughtful comments posted on this blog. I want to thank all of you who are contributing to a civil and thoughtful discussion. [...]
Mixed results on the Chrysler announcement
The President's Chrysler announcement last Thursday produced mixed results. The agreement among Chrysler, Fiat, UAW, the Administration, and the large banks appears to increase the probability (from almost zero) that Chrysler will survive for the [...]
Intro to TARP — Summary of the series
Here are the four Intro to TARP posts: Banks have two problems TARP I: Buying bad assets TARP II: Direct investment TARP III: The Geithner Plan
The Chrysler bankruptcy sale
Last Thursday the President announced a deal among Chrysler, Fiat, the UAW, the U.S. government, and several of Chrysler’s largest creditors. Some creditors oppose the deal, and Chrysler entered a bankruptcy process that will attempt [...]