After three years, Ford looks nothing like GM or Chrysler: surging innovation, no bailout, no bankruptcy.
What's more, their banking systems--since the bankers knew no bailout was in store--have tended to strengthen over time.
There will be no bailout unless the Cypriot debt is made sustainable.
Goldman helped itself 212 times, roughly every business day, during the 12-month period beginning in March 2009, all the while telling the world that it needed no bailout.
If there is no bailout, no injection of money by the government or the Fed, the ones that will get hurt will largely only be the ones who used the easy credit available during the immediately preceding boom to make poor investments.
NICOSIA, Cyprus (AP) Cyprus has four days to agree on a new plan to raise funds to avoid bankruptcy after the European Central Bank warned Thursday it will pull the plug on the country's banks at the start of next week if no bailout deal is agreed.
It would mean no sleazy TARP bailout, no Sarbanes-Oxley red tape, no expansion of Fannie Mae and Freddie Mac, and no added power and authority for the federal government.
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The worst the truly free market can do is go bankrupt with no public bailout.
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In theory, it wasn't a bad plan: a no-bailout rule and a ban on the ECB financing governments were supposed to force countries to manage their economies prudently.
This no-bailout clause has once again been put aside summarily.
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But there would have been no Chrysler bailout without Fiat, and what this new transatlantic alliance has accomplished with Chrysler is a great example of how taking private financial risks, and applying grit and savvy, are what actually result in business success and in the economic and psychological benefits to the employees of a company that is making it again.
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They also realize what Washington refuses to admit, the federal government is broke in no condition to bailout anyone.
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Chris Wallace: In your Delusions About the Detroit Bailout, you claim there was no alternative to the government bailout of Detroit, which your critics characterize as a corrupt, cronyist, and inefficient payoff to organized labor and the green energy lobby.
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The only type of rescue that would prevent a surge in foreclosures would be a huge federal bailout which no politicians (as yet) are contemplating.
Also adding some weight to the common currency was fear that a political crisis in Portugal could push the debt-laden country into seeking a bailout as no agreement on austerity measures can be found on the horizon.
Ireland and Portugal have also been given more time to repay their bailout loans but no details have been announced.
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Although the aftershocks created by the botched Cyprus bank bailout are by no means over, the news this morning is on balance reassuring.
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The Troubled Asset Relief Program expires Sunday, meaning the Treasury Secretary can commit no more funds from the bailout legislation Congress passed two years ago.
In short, the interests of Wall Street executives are certainly aligned with that of clients and shareholders no matter what books like Bailout tell you.
There would be no benefit to Russia to bailout the Europeans.
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As this column has observed countless times over the years, once a private business takes bailout money it is no longer in business.
At Mr. Clinton's urging, the International Monetary Fund has approved the second-largest loan in its history (only the no-less-politicized Mexican bailout was larger).
In the aftermath of the Cyprus bailout, banks are no longer safe, as governments seem unwilling to provide guarantees beyond the official limits.
That Europe will kick the solution of the Greek debt crisis down the road again, with another temporary bailout payment, has no connection whatever to slowing global economies and rising inflation.
We also now know that the bailout deal for Ireland included no such measure.
U.S. and European stock markets are firmer Wednesday despite a Slovakian no vote on expanded the European Union bailout mechanism.
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