May 29, 2009 at 12:00 AM
1 minute read
WASHINGTON AP – Sen. Richard Shelby said Friday the government should have allowed the marketplace to decide General Motors’ fate and that the huge federal stake in the company puts Washington on “the road to socialism.”
Shelby, ranking Republican on the Banking Committee, argued that the financially beleaguered GM could have saved “lots of money” if it had chosen six months ago to file a Chapter 11 bankruptcy petition.
'Old School' Expectations Plague Young Lawyer Mental Health—But Not All Predecessors Are Sympathetic
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