Monday, June 1, 2009

RIP - What's Good for GM isn't What's Good For America

Megan McArdle:
So. Alea iacta est, as Julius Caesar might have said, if there had been a major Roman chariot manufacturer in putative need of nationalization. The nation's largest automaker, our most iconic firm, is bankrupt, GM and Citigroup exit the Dow in favor of Travelers and Cisco."

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