Are bankruptcy laws being re-written as a result of the automotive industry restructuring? Are government bailouts good for the investor? Len Templeton, principal of Templeton Financial Services, addresses these issues in his article Shared Sacrifice.
Len began his career trading fixed-income securities in 1972. Templeton Financial Services acts a partner to fee-only financial planning firms, such as Perspective Financial Services, for select portfolios by providing conservative management of both taxable and tax-free portfolios.
I invite you to read his comments on the effects of government intervention in the operation and bankruptcy proceedings of Chrysler and GM. Click here to read Len’s article.
If you would like to discuss this or other investment matters, please contact me at your convenience.