Auto Bailout
Ford is proposing as condition for government bail out, its top executive would get a salary of $1 for next year, and would sell off most of its branches and dealerships,
https://usnews.rankingsandreviews.com/cars-trucks/daily-news/081202-Auto-Bailout-Big-Three-Make-Second-Pitch-to-Congress
Instead, how about Congress subsidize half the workers salaries up to 15,000 a year of whenever the auto companies sell off. And after 90% is sold off, the automakers employee’s salaries would also be guaranteed for the rest of the year.
The problem, with today’s bankruptcy laws, is that the assets stay frozen for months until the bankruptcy court decides what to do about them.