Congress and the disingenuous blame gameDavid Welch
Defending Detroit on anything these days is about as popular as justifying the big post-bailout party at AIG. But let me take a stab at some of the disingenuous finger pointing that has gone on in Congressional hearings over a Detroit bailout during the past two days. In his opening comments for the Senate hearings on Tuesday, Connecticut Democrat Christopher Dodd said that many of Detroit’s wounds are self-inflicted. He went on to blame them for ushering in the gas-guzzling suv era.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.