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It doesn't matter if you support or oppose the decision by General Motors (and apparently the decision of the United States Government) for the auto company to file bankruptcy. The fact remains, the highly touted bailouts which were intended to stave off bankruptcy failed, and the Obama administration...
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Last week, when President Obama announced Chrysler’s impending bankruptcy, he lambasted “a group of investment firms and hedge funds that held out” by refusing to go along with the government’s proposal. The President could not have been clearer about his ire toward the group...