Congress: Bailout hopes fading

Hopes for a last-minute compromise on auto industry aid are fading for the 110th Congress, but look for a vote on unemployment insurance in the Senate before the end of the week. In fact, the auto executives’ testimony was a disaster after they got slapped down for their decision to fly in on private jets. And it appears there may not be a congressional vote on a bailout this week and, perhaps, for the rest of this year. Yesterday, the Wall Street Journal and others reported that "Waxman won...( read more ) (link)