So Damn Slippery

Ugh. Now auto suppliers are getting bailout cash, to the tune of $5 billion, which will come out of the TARP fund.

I know, I know: given the amount of dollars in play, five billion is chump change. A rounding error. But we're no longer talking about companies being too big to fail. By the new standard, any company that's in a struggling industry is eligible for bailout cash. The government is basically picking winners and losers out of a hat.



Copyright © Time Inc. All rights reserved.

Subscribe | Customer Service | Help | Site Map | Search | Contact Us | Privacy Policy
Terms of Use | Reprints & Permissions |
Press Releases | Media Kit Try AOL for 1000 Hours FREE!