The Bailout Halftime Report

With the imminent approval of the transfer of General Motors' "good" assets in a Section 363 bankruptcy proceeding, the government bailout now moves past halftime and into the third quarter. Though we lack the distance and objectivity of a historian, at this point we can still take a step back and reflect on some of the results and broadly defined ironies of the bailout.

This article available online at:

http://www.theatlantic.com/business/archive/2009/07/the-bailout-halftime-report/20558/