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Old 12-19-2008, 12:58 PM   #2
John10
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Join Date: Feb 2000
Location: Eastern PA
Posts: 3,490
 

2006 ION-3 Sedan
2009 VUE 2.4L
Default Re: Breaking News: Bush to Offer $17.4 Billion in Loans

Good. If indeed there is meaningful restructuring involved without creating massive consumer loss of confidence that would come with the standard bankruptcy process, this actually has a chance of working. It is far from a theoretically perfect solution but it at least it seems practical.

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