online.wsj.com - 10/27/2008
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The Department of Energy is working to release $5 billion in loans to GM, a move that could help ease the way for a merger with Chrysler.
reuters.com - 10/27/2008
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reuters.com —
(Adds report on loans, Chrysler statement) By Karey
Wutkowski WASHINGTON, Oct 27 (Reuters) - The U.S. government...
is considering direct financial assistance to facilitate a possible merger between General Motors Corp (GM.N: Quote , Profile , Research ...
(more)
UPDATE 3-US Treasury working on aid for GM, ...
calculatedrisk.blogspot.com - 10/27/2008
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calculatedrisk.blogspot.com —
From the WSJ: GM May Get Loan for
Chrysler Deal The Department of Energy is working to...
release $5 billion in loans to General Motors Corp. ... The funds would come from a pool of $25 billion in low-interest loans approved by Congress to help Detroit ...
(more)
WSJ: GM may get $5 Billion loan
calculatedrisk.blogspot.com - 11/3/2008
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calculatedrisk.blogspot.com —
From the NY Times: U.S. Rejects G.M.’s Call
for Help in a Merger The Treasury Department has...
turned down a request by General Motors for up to $10 billion to help finance the automaker’s possible merger with Chrysler ... the Bush administration will ...
(more)
Report: GM Turned down by Government
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WSJ: GM may get $5 Billion loan
Calculated Risk —
From the WSJ: GM May Get Loan for Chrysler Deal The Department of Energy is working to release $5 billion in loans to General Motors Corp. ... The funds would come from a pool of $25 billion in low-interest loans approved by Congress to help Detroit retool its plants to meet new fuel-efficiency standards. It's not clear how quickly the money could be made available or whether it would come with strings attached. And from Reuters: ...
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