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HeyBub[_3_] HeyBub[_3_] is offline
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Default Interesting question

Douglas Johnson wrote:

I'm not happy with government bail outs, either. But remember, it
was Bush that did it, not Obama. Obama was just cleaning up the mess
the same way any investor of that magnitude could have and should
have. -- Doug


Actually, as I understand it, the Bush administration provided more of a
'bridge loan' than a bail-out. And the loan had no mandates for management
reorganization or much of anything else. The talk was to 'kick the can down
the road' in the sense of not obligating or limiting the new administration.