McArdle: What's Good For GM Isn't What's Good for America

by Benjamin Domenech on 11:04 am June 1, 2009

So. Alea iacta est, as Julius Caesar might have said, if there had been a major Roman chariot manufacturer in putative need of nationalization. The nation’s largest automaker, our most iconic firm, is bankrupt, GM and Citigroup exit the Dow in favor of Travelers and Cisco.

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