This just in...as it turns out, banks may be allowed to return their bail-out moolah, which many want to do in order to keep the current administration out of their board rooms and internal decision-making processes. A half-dozen banks want to return approximately $68B.
However, Citigroup needs even more money and is lobbying to get it. It has taken $45B so far.
on a related note, several major auto parts suppliers to GM and Chrysler are now petitioning the giverment for bail-out money of their own.
Finally, SCOTUS allows Fiat's purchase of Chrysler, thus, Chrysler will be owned by an Italian state owned-company to join US state-owned GM. Ford will now stand alone as the only privately owned car manufacturer in North America.
