Auto Bailout

(Community Matters) Interesting supposed insider posting on failure of bailout at 3BlueDudes. I’m not sure I get the nuance of 3/31 versus agreements to renegotiate wages under direction of auto czar. Appears to signal a lack of goodwill in negotiations by Senate GOP. While painful and risky, I still believe bankruptcy required for full restructuring and ultimate preservation of the most number of direct and indirect jobs.

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