12-19-2008, 07:39 AM
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#444
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barely disguised asshole, keeper of all that is holy.
Join Date: Nov 2007
Posts: 23,401
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Quote:
Originally Posted by tw
Maybe even do what 1979 Chrysler did when government did not bail them out. 1979 Chrysler replaced bad management, then bridge loans from the banks.
Cerebus is an investment firm that would rather have government pay for their bad investment decisions. Rich investors once had to accept the risks of their investments.
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They still should.
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"like strapping a pillow on a bull in a china shop" Bullitt
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