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coyoteblog.com - 10/29/2008
No Thanks, We're Waiting on Our Bailout
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Via a reader: An auction that netted $7.5 million in bids on 56 distressed Utah properties fell through last week after the owners -- three banks and two private lenders -- decided they may get a better deal by holding out for the government's bailout plan. "There were buyers, but ...

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Overlawyered:  Microblog 2008-10-28

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Blog Reactions

Microblog 2008-10-28
Overlawyered — ‘98 master tobacco settlement: not just bootleggers and Baptists, but also “televangelists.” [Morriss, Regulation, h/t Ted] # Slants and biases in Associated Press reporting aren’t new, but they’ve become impossible to ignore [WaPo] # Unplanned result of bailout: lenders back off from deals to sell distressed real estate at cut price [Coyote] # GM needs to tear up contracts with its unions, retirees, and dealers, which means it needs bankruptcy [Bainbridge] # ...

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