Third Bailout for GMAC on the Way
Filed Under: In brief
“GMAC, the troubled consumer finance company, is seeking billions of dollars in additional federal aid, a move that would be its third taxpayer bailout and could give the government a majority stake in the company, according to people briefed on the situation.” (New York Times, Wednesday)
Oh brother.
FEE Timely Classic
“Poker and the Free Market” by Robert
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