Comments on: Bailout Watch 50: In Lehman’s Terms http://www.thetruthaboutcars.com/bailout-watch-50-in-lehmans-terms/ The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Sun, 22 Nov 2009 16:41:15 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Engineer http://www.thetruthaboutcars.com/bailout-watch-50-in-lehmans-terms/comment-page-1/#comment-778261 Engineer Wed, 17 Sep 2008 22:01:44 +0000 http://www.thetruthaboutcars.com/?p=80482#comment-778261 FYI: <a href="http://www.fool.com/investing/general/2008/09/17/have-detroits-bailout-notions-been-quashed.aspx" rel="nofollow">Have Detroit's Bailout Notions Been Quashed?</a> FYI: Have Detroit’s Bailout Notions Been Quashed?

]]> By: no_slushbox http://www.thetruthaboutcars.com/bailout-watch-50-in-lehmans-terms/comment-page-1/#comment-778202 no_slushbox Wed, 17 Sep 2008 21:47:55 +0000 http://www.thetruthaboutcars.com/?p=80482#comment-778202 <em>If letting Lehman Bros. go bust was “a line drawn in the sand” what the HELL does that make the AIG bailout?</em> The line in the sand wasn't that no more companies would be bailed out. It was that companies of Lehman's size and importance, and of less size and importance, would be left to go Bankrupt. Regardless of whether it should have been saved AIG was much larger and much more important than Lehman. Unfortunately for GM, Ford and Chrysler they fall on the wrong side of that line in the sand - except for the issue of Michigan being an electoral college swing state. If letting Lehman Bros. go bust was “a line drawn in the sand” what the HELL does that make the AIG bailout?

The line in the sand wasn’t that no more companies would be bailed out. It was that companies of Lehman’s size and importance, and of less size and importance, would be left to go Bankrupt.

Regardless of whether it should have been saved AIG was much larger and much more important than Lehman.

Unfortunately for GM, Ford and Chrysler they fall on the wrong side of that line in the sand – except for the issue of Michigan being an electoral college swing state.

]]> By: hltguy http://www.thetruthaboutcars.com/bailout-watch-50-in-lehmans-terms/comment-page-1/#comment-778192 hltguy Wed, 17 Sep 2008 21:44:30 +0000 http://www.thetruthaboutcars.com/?p=80482#comment-778192 CarShark: To a government paper pusher and giver of our tax money a line in the sand only means it ca be moved to the next line in the sand when the tide changes, for political expediency and ass covering. CarShark: To a government paper pusher and giver of our tax money a line in the sand only means it ca be moved to the next line in the sand when the tide changes, for political expediency and ass covering.

]]> By: CarShark http://www.thetruthaboutcars.com/bailout-watch-50-in-lehmans-terms/comment-page-1/#comment-778011 CarShark Wed, 17 Sep 2008 21:02:46 +0000 http://www.thetruthaboutcars.com/?p=80482#comment-778011 If letting Lehman Bros. go bust was "a line drawn in the sand" what the HELL does that make the AIG bailout? If letting Lehman Bros. go bust was “a line drawn in the sand” what the HELL does that make the AIG bailout?

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