Free Republic 3rd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $21,296
26%  
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  • Gettlefools' Bet Gets Called: ALL IN!

    02/16/2009 6:18:24 PM PST · by An Old Man · 22 replies · 949+ views
    The Market Ticker ^ | February 15. 2009 | Karl Denninger
    Well well well. In an update to my "GM Goes Boom" Ticker, it appears that we may now have to ask: Did Obama grow a pair? "WASHINGTON - President Barack Obama plans to appoint senior administration officials — rather than a single "car czar," as had been discussed — to oversee a restructuring of the auto industry. Treasury Secretary Timothy Geithner and National Economic Council Director Lawrence Summers will oversee the across-the-government panel, a senior administration official said Sunday on the condition of anonymity because no announcement had been made. It has also been rumored that President Obama himself will...