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Sunday, June 7, 2009

The GM Bankruptcy -- A Sticky Wicket for the U.S. Government.

What role should the U.S. Federal Government play in the new (improved?) GM? The Feds will be both owner and regulator of the business. This raises interesting questions that test the metal of our executive branch. Will the administration's business decisions contradict other agenda items of the O'Bama administration such as sustainability goals? A recent article in the Wall Street Journal raises some of these issues.