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Corporate

Jun. 25, 2009

For Failing Corporations, Christmas Has Come Early

Neither Obama nor Santa should be giving out gifts to corporations - by definition, a gift requires no return consideration, writes Donald J. Kochan.

FORUM COLUMN

By Donald J. Kochan

In the time of bailouts, bridge loans and other economic "lifts," corporations sit on the Senate's lap as if it is Christmas in July, asking for gifts:

"Dear Uncle Sam: Be grateful that you have billions to bestow, no doubt we will, and that you should know. It's not naughty to engage in grist for our mill, as we will remember your votes and appreciation show. Please, please, don't question, because of cour...

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