Lynch, other Mass. congressmen help d...

Lynch, other Mass. congressmen help doom bailout

There are 1 comment on the Http story from Sep 30, 2008, titled Lynch, other Mass. congressmen help doom bailout. In it, Http reports that:

Three of the 228 "no" votes that scuttled a Congressional bailout package and sent stocks tumbling were cast by Massachusetts congressmen.

Join the discussion below, or Read more at Http.

Ronnie Ho

Boston, MA

#1 Nov 18, 2008
I don't think there is any bailout for the auto industry. GM has already filed the Chapter 11, which let them reorganize its structure and cut all benefits for its employees. I'm sure if it gets the bailout money, it will act just like the United Airlines which filed Chapter 11 before. We can foresee that the only party who is suffering is the employees.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Norwood Discussions

Title Updated Last By Comments
Beware Dental Associates of Walpole Nov 17 pmcd404 1
Review: iLoveKickboxing - Norwood, MA (Jul '16) Nov 2 Julianne 31
Hallmark Job Opportunity in Dedham Jun '17 VictorOrians 1
Hallmark Job Opportunity in Canton May '17 VictorOrians 1
Beatles For Sale returns to E. Walpole in June (May '17) May '17 Beatleman 1
Scott Carrara (Mar '09) May '17 Bunkie 206
Hallmark Job Opportunity in Walpole (May '17) May '17 VictorOrians 1

Norwood Jobs

More from around the web

Personal Finance

Norwood Mortgages