There is a 4 pm deadline today for the Supreme Court to accept or decline intervening in a decision to let the Chrysler sale to Fiat go through. If the Supreme Court decides to take the case, look for lots of hand-wringing and gnashing of teeth on the part of administration spokespersons and talking heads on the boob tube.
Myself, I give it 1 in 3 odds of the court wanting to stick their noses in this one.
There's also been some discussion about how poorly vetted the deal with Fiat has been. To say the least it was a hastily arranged marriage, kinda like Bank of America and Merrill Lynch. ; -)
Monday, June 8, 2009
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