November 24, 2008

Dear lame ducks

Why is it that Citigroup is worthy of what looks to be a sweetheart deal, while the Big Three car companies are not?

Is there some kind of class bias in favor of financial firms and their white-collar executives here?

Posted by Linkmeister at November 24, 2008 09:12 AM | TrackBack
Comments

Yes, of course.

Even if it wasn't the case that automakers are unionized and financial firms aren't, there's also the observation that Paulson's always been a banker. He doesn't even recognize that there's anything to the economy aside from the "markets".

Just as "to a hammer, everything looks like a nail", ...

Posted by: N in Seattle at November 24, 2008 05:26 PM

it does not matter the party . . the rich always take care of themselves first.

See Obama's financial team - - same old same old

Posted by: pixelshim at November 25, 2008 02:49 AM