Gm Chrysler Merger Talks Reported

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"There aren't any indications how the U.S. economy is entering into recession. I'm fairly bullish as current market is fairly valued," Peter Dunay, it strategist at Leeb Capital Management in New York, told Bloomberg.

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The larger issue may be the resultant size of the merged entity. Finances too many corporations considered "too big to fail" (including GM and Chrysler!). Each time one ones corporations sets out to teeter, U.S. taxpayers money has to flood in and save them, as eating habits study of allowing them to fail are way too devastating on the economy. How's combining two "too big to fail" companies that happen to be already teetering and merging them into an a whole lot larger "too big to fail" megacorporation (that will, no doubt, be teetering) a great move?

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