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The Corner

The refusal of Chrysler’s majority owner, the Cerberus investment group, to put up its own money to save the car company is another reason why the auto bailout didn’t deserve to pass, writes Andy McCarthy. Now that the Senate has blocked the auto bailout bill, President Bush can’t cave in to automakers’ pleas to use money from the Wall Street bailout to rescue them, writes Stephen Spruiell.

Blog Summaries