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GM, Chrysler now say they need billions more | Freep.com | Detroit Free Press
General Motors Corp. and Chrysler LLC summoned the prospect Tuesday of their collapse unless they get $7 billion in federal aid within six weeks -- part of a dramatic plea for a total of up to $39 billion to survive the worst economic crisis in the history of Detroit's signature industry. Yet ...
GM, Chrysler Ask for Billions More in Federal Aid
washingtonpost.com — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from... the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ... (more) GM, Chrysler Ask for Billions More in Federal Aid
Treasury Soliciting Bankruptcy Funding for GM, Chrysler
nakedcapitalism.com — Let's see. Citigroup has gotten $45 billion of TARP funds, and backstops on a net of roughly... $250 billion of crappy loans after Ciit's first loss and allowing for the split between Uncle Sam and Citi on the balance. And it is pretty unlikely that we ... (more) Treasury Soliciting Bankruptcy Funding for GM, Chrysler
GM, Chrysler Seek Billions for Dumb Business Plan
GM, Chrysler Seek Billions for Dumb Business Plan
outsidethebeltway.com — Having already wasted billions of our tax dollars, GM and Chrysler are back. But don’t worry, they’ve... got a plan: General Motors and Chrysler, two flagships of traditional American manufacturing, reported yesterday that the decline of the ... (more) GM, Chrysler Seek Billions for Dumb Business Plan
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Early Morning Swim: Special Jane Smacks Eric Cantor Around Edition
Firedoglake — ... Detroit can haz more loanz? Good news. But not in Ka-lee-fornia. And not for Roland. Obama sits down with CBC: Afghanistan, 'Buy American.' I wish he wouldn't phrase it quite like that. This asshat used to be in the US Congress. A brief history of a political junkie. Bet she does better than Karen Hughes. Tough guy warrior fighter jock afraid of "The View." Truly one of the stupidest people on ...

GM, Chrysler to Gov't: Give Us More Money Now. Or More Money Later. But Definitely Give Us More Money.
Hit & Run — There's a reason why GM and Chrysler announced their long-awaited, much-anticipated restructuring plans (the homework requirement for taking taxpayer loot last year) after the markets closed yesterday: The plans pretty much model the Saturday Night Live sketch in which automakers explain to Congress that they will need more federal dollars even or especially if there's an uptick in the car business. From the Detroit Free Press: General Motors Corp. and Chrysler LLC summoned the prospect Tuesday of their collapse unless they get $7 billion in ...

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