The Wall Street Journal reported yesterday that the government’s bailouts of car-makers Chrysler and General Motors "dashed the legal recoveries of many who stood to recover from the companies for injuries sustained when Chrysler and GM cars malfunctioned." (See here.)
This is an important story, but it is hardly news. I am not sure why the WSJ is picking it up now. I and many others discussed this issue at length way back in the summer of 2009. For a lot more information on this topic go to my posts (in chronological order) here (June 22, 2009), later that same day, June 23, June 26, June 28, June 30, July 2, July 8 and August 28.
Here is a video ad I posted back in June 2009:
And here is another one: