ddd1612

Big Three Endure Public Flogging - Government Finally Gets it Right

This is a much better balanced article.
This same process should have been conducted on the BAIL OUT to the financial industry. GS, AIG, and other banks, including C were given funds in secrecy ... with no details how those funds were going to be used.
The same thing with C - why wasnt the process made public?
We tend to treat the financial people on WS - and these are the same people that have taken huge risks, walked away with the biggest bonuses and compensation packages and now taken 2.4 trillion dollars with no accountability - all on the word of Hank Paulson and Bernanke.
What a joke!