Cramer: Obama and Geithner May Have to Let GM go Bankrupt

by Benjamin Domenech on 1:00 am April 3, 2009

If you want to know why President Obama fired Rick Wagoner from General Motors, first you should know that it wasn’t because he’s trying to expropriate the business, or inject the government into the process of fixing the largest American carmaker, even though those are the fears that rattled Wall Street instantly after the announcement.

Previous post:

Next post: