9/24/2008

Democrats demand that the government take an ownership share in the companies that it helps with the bailout

The Financial Times has this note:

Democrats pressed the administration to agree that the government should automatically take stakes in the companies it acquires, as well as curbs on executives’ pay and bankruptcy reform that would allow judges to modify the terms of mortgage loans. . . .


Newt Gingrich goes after the plan even more.

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