Cramer callis vist eile põhja ... umbes nii ... now we see first days where bad news are already priced in ... vaadates kuidas turg tahab täna kehvade uudiste kiuste üles ronida ... mine tea
Congress should approve a bailout of the U.S. auto industry because the "collateral damage" of their failure would be "very severe,"
But Roubini is no ally of the auto industry CEOs currently making their case in Congress. He says any government aid must be "highly conditional" and only occur after a prepackaged bankruptcy that includes:
Replacement of current management Concessions from both the UAW and automakers A wipeout of existing equity and debt-holders Temporary nationalization of the auto industry