[lbo-talk] Obama: I'd guarantee $4 billion to retool auto industry

Charles Brown charlesb at cncl.ci.detroit.mi.us
Tue Aug 5 11:58:11 PDT 2008


That's very nice of him, but GM has lost $47 billion over the last year; Ford, $12 billion. So $4 billion would cover about three and a half weeks of their losses.

Doug

^^^^^^^^^ CB: How many weeks of losses have you , noted and nice left economic writer, proposed be covered ? ___________________________________ http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk

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