The Chevy and the Derivative
Friday, November 28th, 2008(Yes, that's a play on Flat-Earth Friedman's, "The Olive Tree and the Lexus" of late-1990s fame.) I'm writing to contrast the bailouts given to Bear Stearns, AIG, Fannei, Freddie, and now CitiBank, along with others we don't even know about, versus the loan guarantees sought by GM and Chrysler. (Ford, ...