Thread: {OT} spread the wealth
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Kurt Ullman Kurt Ullman is offline
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Default {OT} spread the wealth
In article ,
wrote:

On Sat, 08 Nov 2008 15:57:40 -0500, Kurt Ullman
wrote:

In article ,
"badgolferman" wrote:


When was the last time the government gave up control of something the
took over?

Chrysler the first time?

The government never took over Chrysler. It just guaranteed a loan
from private industry.

That's right, now that you mention it. Although I am not sure "take
over" is the right description here since they are getting preferred
stock with no voting rights, if I understand correctly. Always a concern
with governmental financial permutations.
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