Report title: Autos: Hand Over Cash Meets Hand Over Flame
from CreditSights
2306 word report published Dec 12, 2008

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Abstract: The Senate kills the bailout bill the old fashioned way—on a procedural vote—as those opposed to the bailout turn it into a collective bargaining round with a preordained outcome.

Brief Excerpt: Autos: Hand Over Cash Meets Hand Over Flame Without a TARP solution, the next stop is the courthouse steps. The UAW got into a negotiation it could not win. After all, the other side was not negotiating and the UAW had no leverage...

Report Type: Sector Article
Source: CreditSights Inc
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