Washington Post editorial: “Government Motors; GM’s new owner (the Obama administration) should stop bullying the company’s bondholders.”

Government Motors

GM’s new owner (the Obama administration) should stop bullying the company’s bondholders.

“But it’s too bad that the Obama administration has not thought more deeply about how its bullying of bondholders could convince future investors that the last thing they want to do is put money into any company that the government has — or could — become involved in. “