Will the Chrysler bankruptcy be a milestone in the Obama administration's response to the...

|By:, SA News Editor

Will the Chrysler bankruptcy be a milestone in the Obama administration's response to the crisis, and a break from Bush policies of massive giveaways to insolvent firms? Maybe, Barry Ritholtz says. "If the post-panic Obama admin wants to make a break from those policies, forcing the banks to raise private capital or go into FDIC liquidation is the way to do that."