Quantcast

Daily Archives: January 17, 2009

Old_car

Creditors Obstruct GM Rescue: Detroit Becomes Too Big To Fail

Posted: January 17, 2009 at 11:26 am

The UAW and GM's (GM) creditors are making the great auto company bailout a process that will funnel money into Detroit for years beyond the March 31 deadline which has ...
Read Full Story »
Empire

Building A $1 Trillion “Bad Bank” (C)(BAC)(WFC)(JPM)

Posted: January 17, 2009 at 8:08 am

The federal government really does not want to build a "bad bank" to take toxic assets from America's largest financial institutions. It has taken a number of measures to avoid ...
Read Full Story »