A Case Of Gangster Government?

| 9 May 2009 12:12

This is a video “discussing whether the Obama administration has intervened too much in business affairs, with Thomas Lauria, White & Case attorney and CNBC’s Michelle Caruso-Cabrera.”  As GM has similar circumstances, the case is still very relevant.

Note: I think Lauria forgets that the U.S. government had poured billions into the carmakers and that his clients would have gotten considerably less in a liquidation if not for that fact. With that editorial comment, here he is on CNBC arguing his case.


avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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