I'm hoping Congress pulls a switcho-change-o where they *call* it a bailout, but... | Hacker News

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		jerf on Nov 20, 2008 \| parent \| context \| favorite \| on: George Will Agrees: Let the Automakers Go Bankrupt I'm hoping Congress pulls a switcho-change-o where they call it a bailout, but it is merely a large-scale bankruptcy proceeding with a different name and some token capital. I'm not stupid enough to hope for this very hard, but I'm hoping.

ojbyrne on Nov 21, 2008 [–]

I could definitely see them doing something like - you declare bankruptcy, we'll backstop credit so that you don't have to liquidate.

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