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Market Currents

Sunday, December 7, 2008
4:34 PM TweetThis
  • A deal to provide automakers with $15B to tide them over until March 2009 could be unveiled within 24 hours, Michigan Senator Carl Levin says, though he questions "whether the votes are there." Of GM (GM) CEO Wagoner, Sen. Chris Dodd says, "I think he has to move on."

This news story has 2 comments:

  •  
    If Chris Dodd really did get an insider deal from the Countrywide CEO on his own mortgage, I think he should move on....does anyone know if this is for real, and if so, what are the consequences for Senator Dodd?

    reference the "Financial Crisis and the Collapse of Ethical Behavior" article posted on The Big Picture Dec. 4, the reference to Senator Dodd is int the footnotes of this paper:

    www.greycourt.com/whit...

    2008 Dec 07 08:20 PM Reply
  •  
    looking at buisweek 10/27/08 indicates that GM and Chrsler have billions of $s GM $19.356 p30, Chrysler $10 bill- cash it holds p10
    2008 Dec 08 03:31 AM Reply
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