Quote:
Originally Posted by Bucco
I am not cannonizing Lee....I met him and his father a few times....but he was a straight talking free market guy. He had a lot of issues with the Bush administration and most of them were legit. He did NOT borrow money from the government, at least I dont think so...he simply wanted their backing which led to funds as I recall !!!
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I envy you, I would have enjoyed meeting Mr Iacocca.
And, no, the government did not loan Chrysler the Auto Bailout monies. As I pointed out, the government only guaranteed the loan. Effectively, as taxpayers we were co-signers.