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What's good for General Motors... 
Salon | by Andrew Leonard | Fri, May 29
Salon is the #1 News Source for United States Department of the Treasury
One could argue that both sides would stand to be in pretty bad shape if the U.S. government wasn't around to pump billions and billions of dollars into the enterprise to keep it a going concern, so keeping score on who is doing better out of the deal is beside the point. But I couldn't help recall...
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Opinion: Willem Buiter: Treasury Will Have to Abandon Current Approach to Banks
There is just one way to make the US government’s policy towards the banks work. That is for the Congress to vote another $1.5 trillion worth of additional TARP money for the banks - $1 trillion to buy the remaining toxic assets off their balance sheets, and $0.5 trillion worth of additional ca...
Thu, Apr 16 | from naked capitalism
