The US government should just buy Ford, Chrysler, and GM outright, and hold a fire sale of any unnecessary assets (including the McMansions of the CEOs). Such a sale, the type of which was popular among corporate raiders in the 80s, might go a long way toward financing such a deal or, at least, making it relatively affordable.
'Big-three' auto-woes
Current Status: Blessed (1)
Seeded on Tue Nov 25, 2008 1:43 AM
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