Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

DepewTube: Is the Auto Bailout Right?


Markets, movers and more.

The US auto bailout is poised to give General Motors (GM) and Chrysler as much as $14 billion in emergency loans from taxpayers, with Ford (F) waiting in the wings for further support. Kevin Depew discusses, with himself, whether or not this should be allowed.

On one hand, we may not have a choice in this matter, as a swarm of jobs are at stake; the failure of this industry could mean economic devastation.

Yet the bailouts we have seen thus far are decades in the making. Reckless borrowing without accountability has led to the current situation.

< Previous
  • 1
Next >
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos