The pretense that the General Motors assets are being bought out of bankruptcy by a completely different, unrelated company funded by the Federal government has always been a bit difficult to sustain. New GM, for example, is making no effort to renegotiate Old GM’s labor contracts, or even to refuse to recognize seniority or other [...]
Archive for June 29th, 2009
Thin Veneer
Posted in Industrial Policy, Obama, Tim Geithner on June 29, 2009 | 1 Comment »
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