December 16, 2008 at 7:40 pm · Filed under Economics, Politics
They have a plan. Perhaps even a cunning plan. The ultimate point:
Washington is still battling over a bailout package, but Ford’s two domestic rivals may have to report to a “car czar.” That will not help them. In fact, if this person turns out to someone like Congressman Henry Waxman or one of his friends, GM and Chrysler could face ruin in 90 days. If so, Ford could pick up the pieces.
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