Market Currents
Tuesday, January 20, 2009
12:22 PM
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"Honestly, most people that have looked at this from a realistic standpoint would say this timeline is almost unattainable," UAW chief Ron Gettlefinger says of the Feb. 17 auto industry restructuring deadline. "I hope this wasn't set up to intentionally fail."
This news story has 1 comment:
My fear is that it was not the plan which was set up to intentionally fail, but that the players in this comic opera are determined to have it fail so that they can wrest more largesse from the Treasury.
My hope is that, should this latter scenario be the case, congress will overrule it and just say, "No!"