huffingtonpost.com - 12/12/2008
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WASHINGTON — The White House said Friday it will consider using the Wall Street bailout fund to prevent the U.S. auto industry from collapsing after the Senate refused to pass a rescue bill endorsed by President Bush and congressional Democrats.
"The current weakened state of the ...
foxnews.com - 12/12/2008
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foxnews.com —
The White House said Friday it is considering
using part of the $700 billion Wall Street rescue...
fund to prevent the domestic auto industry from failing. Dana Perino, a spokeswoman for President Bush, said it would be "irresponsible" to further weaken ...
(more)
White House Considers Auto Bailout After Senate Rejects ...
washingtonpost.com - 12/12/2008
money.cnn.com - 12/12/2008
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money.cnn.com —
WASHINGTON (CNN) -- The proposal to loan $14
billion to Detroit's struggling automakers collapsed late Thursday night...
but the Big Three may get some money anyway. Bush officials warned wavering GOP senators earlier Thursday that if they didn't support ...
(more)
Wall Street bailout funds may be used to bail out ...
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Cadre Of Senators Bailout The Financial System, Leave Auto Industry Out To Dry
Wonk Room —
... In any case, hopefully President Bush will loan money from the Troubled Assets Relief Program to ensure that GM and Chrysler avoid bankruptcy for the next several months, thus enabling them to restructure, recover, and thrive by building the super fuel efficient cars of the future. ...
One Step Ahead
Hotline On Call Part Deux —
So the auto bailout is, in fact, getting a bailout. But it didn't happen the way I said it might. That's ok, though -- the only real government bailout for Detroit actually guaranteed to happen at this point is coming from a place few were looking.
From yesterday's Detroit News:
The Swedish government presented a 28 billion kronor ($3.4 billion) support package Thursday to help the nation's ailing auto industry. ... Carmakers Volvo and Saab have been appealing to the government for support because of the ...
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A different kind of auto bailout
washingtonmonthly.com 11/27/2008 — A DIFFERENT KIND OF AUTO BAILOUT.... Obviously, policy makers have been mulling over what to do, if anything, about the fate of Ford, GM, and Chrysler. The American auto manufacturers are in deep trouble, and determining what kind of rescue...
Auto Bailout
mahablog.com 11/17/2008 — There appears to be general agreement across the political spectrum that the Big Three automakers are going bankrupt because their CEOs have made many really, really bad choices over the years. Joseph Romm has an article at Salon about this. Here is ...
White House Statement on Auto Bailout Bill's Failure
thepage.time.com 12/12/2008 — THE WHITE HOUSE Office of the Press Secretary _______________________________________________________________ For Immediate Release December 12, 2008 STATEMENT BY PRESS SECRETARY DANA PERINO It is disappointing that while ...
Bailout!
politico.com 12/19/2008 — Mike Allen has the details:
President Bush is announcing a $17.4 billion bailout for auto manufacturers, with the loans contingent on the firms proving that they can become "viable" ongoing firms.
Of the total, $13.4 billion will be ...
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