From Bloomberg.Com: Nancy Pelosi Says “Bankruptcy Is Not An Option”

Full post here.

Apparently because Pelosi and the political interests she represents as House Speaker can’t really seem to broaden their vision to see this as an option?  Is this really we are as a country?

Here’s a brief 2:00 min explanation by Bill Ackman of Pershing Square on why the GM bailout is likely a bad idea:

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