Less than the Least

Entries from Less than the Least tagged with 'Chrysler'

A Dissenting Note on the Auto Recovery--Skeel

Enthusiasts for the Chrysler and General Motors bailouts have been congratulating themselves as the car companies' prospects have improved in recent months.  As won't surprise anyone who has followed this blog, I worry that the wrong lessons will be drawn...

Banking on Bankruptcy--Skeel

This op-ed by equity fund manager Scott Sperling in today’s Wall Street Journal makes an interesting case that the Obama administration’s handling of Chrysler and GM is actually evidence of capitalism at work. In my view, he’s right that the restructuring...

The Chrysler Bankruptcy--Skeel

T.S. Eliot famously wrote that “The last temptation is the greatest treason: to do the right deed for the wrong reason.” I’m not sure if it’s doing the right deed for the wrong reason, or doing the wrong deed for the...