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Deciding whether or not to bail out car makers is only the first challenge facing the government.
If Washington were to pump $25 billion into Ford, General Motors and Chrysler, a prospect that is growing dimmer, the next question would be how to actually do it. There is no easy answer. At least, there isn't one that ensures taxpayers don't play second fiddle to other creditors.
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If Washington were to pump $25 billion into Ford, General Motors and Chrysler, a prospect that is growing dimmer, the next question would be how to actually do it. There is no easy answer. At least, there isn't one that ensures taxpayers don't play second fiddle to other creditors.
Save & Share
Spam? Topple this!
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