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Pharma Investments, Ventures & Law Weekly

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Gingrich Communications



Gingrich Calls on Obama to End Bailouts



April 5th, 2009

Former Speaker of the House Newt Gingrich today called on the Obama administration to abandon the strategy of bailing out failing companies, and instead insist that companies choose bankruptcy or receivership as the only way to restore a sense of order and fairness to the economic system.

This includes AIG, who recent reports suggest is going to need another bailout even while rewarding its executives $165 million in bonuses.

Keywords: Gingrich Communications.

This article was prepared by Pharma Investments, Ventures & Law Weekly editors from staff and other reports. Copyright 2009, Pharma Investments, Ventures & Law Weekly via...


Source: Pharma Investments, Ventures & Law Weekly (2009-04-05)

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