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Let's Hope the Auto Bailout Has Failed for Good
Abnormal Returns found this 12/12/2008 on thestalwart.com
The fact that US auto companies weren't willing to reach parity with the wages of their japanese competitors was outrageous. For this stalwart at least its a relief that this bailout did not pass, and the markets' negative reaction is really short sighted. This of course presupposes that the US ...