Saturday, May 28, 2011

Obama’s ‘Victory Dance’ on Auto Bailouts Could Hurt Business, Industry Expert Warns

Obama’s ‘Victory Dance’ on Auto Bailouts Could Hurt Business, Industry Expert Warns CNSnews.com
"Market research indicated that the bailouts were unpopular and had a stigmatizing effect on automakers, added the expert.".....

"The Treasury Department still owns 26.5 percent of GM and 8.6 percent of Chrysler, with poor prospects for earning back its entire investment in both companies."

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