“Transfusions don’t stop the bleeding”

Louis LataifIn a Reuters commentary, School of Management Dean Louis Lataif argues that bit-by-bit bailouts to the auto industry and its suppliers won’t save the industry.¬† The former Ford executive says bridge loans to the auto makers would be more effective while efforts are made to deal with falling housing values and toxic mortgage-backed securities —¬†which he says are the real “wounds” that need to be treated.

Contact Louis Lataif, 617-353-2668, lelataif@bu.edu

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