At 11:40 AM 12/2/97 -0500, you wrote:
>Hi Michael:
>
>Actually, Chrysler received a loan guarantee. It received no money from
>Congress. On the basis of the guarantee, money was lent, and as you have
>stated, paid off early.
>
>John
>
I shoulda phrased it better. Note that I didn't actually say that Congress
loaned Mopar the money;-) Lee-boy went to Congress or he didn't get the
loan. It think it was an overall good example of private/public cooperation;
the way it SHOULD work.
>>
>>Mr. Lee went to Congress hat in hand and received a massive loan for
>>Chrysler. To that august body's credit, Congress didn't really try to run
>>Chrysler. And to Mr. Lee's credit, Chrysler paid the loan off early.
>>
>>Michael, New Bern, NC
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