John Howard, CEO of Irving Place Capital, was a panelist at The Deal's M&A Outlook 2009 conference. In this clip, Howard talks about what actions he would like to see the government take over the next year. Those actions include freeing up liquidity, helping consumer confidence and a possible auto bailout.
Concerning the auto bailout, Howard said, "This issue about the government bailing out the auto businesses. The point that was made before is that it is critical for our economy that this happen, but simultaneously the way those businesses are run has to change. How you do that as a government is a very tricky issue."
What's likely to happen during the coming proxy season is the subject of Paula Schaap's interview with Damien Park, founder and managing partner of Hedge Fund Solutions, an adviser to funds and corporations on issues related to activism. More video