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Or at least the state is turning out all its pockets to see if it has anything worth selling that will help stop the most immediate holes in its budget: http://latimesblogs.latimes.com/washington/2009/05/schwarzenegger-san-quentin-colisseum.html . Next step, bankruptcy.

Meanwhile, the Italian banks, which are bulging at the seams with liquidity, are backing Sergio Marchionne's attempt to take over Chrysler and the whole overseas GM operation, including Latin America and South Africa. It appears that while most British and American banks are afraid to move for fear of bankruptcy, the financial institutions of Italy, Spain and, believe it or not, Turkey, having kept faith with the original vocation of banks, have so much investment capital they do not know what to do with it. Watch out for San Quentin being turned into a Turkish prison. Then Alan Parker can do Midnight Express II next door to Hollywood.
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