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Chrysler End Game: BK Next Week if No Deal (and Journal Says Even if a Deal) 
naked capitalism | by Yves Smith(noreply@blogger.com) | Thu, Apr 23
naked capitalism is the #2 Blogger for United States Department of the Treasury
But Chrysler's chief financial officer told major lenders Wednesday that even if a deal can be worked out between the government and lenders, the company still will need to file for bankruptcy to seal a Fiat alliance, said people familiar with the situation. The executive, Ron Kolka, tol...
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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...
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