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money.cnn.com - 12/13/2008

FRE - Freddie Mac Stock quote - CNNMoney.com

— money.cnn.com — Copyright © 2008 BigCharts.com Inc. All rights reserved. Please see our Terms of Use . MarketWatch, the... MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. Intraday data provided by Interactive Data Real-Time Services and ... (more) FRE - Freddie Mac Stock quote - CNNMoney.com

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online.wsj.com - 12/19/2008

F Quote - F Stock Quote - Ford Motor Co. Stock Quote - F Stock Price

— online.wsj.com — Please register to gain free access to WSJ tools. An account already exists for the email address... entered. Forgot your username or password? This service is temporary unavailable due to system maintenance. Please try again later. The username entered ... (more) F Quote - F Stock Quote - Ford Motor Co. Stock Quote - F ...

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hotair.com - 12/21/2008

Quote of the day

— hotair.com — “‘It’s a Wonderful Life’ is a terrifying, asphyxiating story about growing up and relinquishing your dreams, of... seeing your father driven to the grave before his time, of living among bitter, small-minded people. [...] Read the rest ... (more) Quote of the day

Bud Day

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One of the These Things Is Not Like the Other Ones
Hit & Run — As Bush once again "abandons free-market principles to save the free-market system," Ford distinguishes itself with a whispered "thanks but no thanks." The deal would extend $13.4 billion in loans to General Motors Corp. and Chrysler LLC in December and January, with another $4 billion likely available in February. It also would provide the government with non-voting warrants, although the exact amount was unclear immediately. Ford Motor Co. has said it doesn't need short-term assistance. While this isn't going to make me run out and replace my flawlessly ...

Big Three get a deal to save the day --but not the year
Megan McArdle — The White House has unveiled an auto bailout package: The deal would extend $13.4 billion in loans to General Motors Corp. and Chrysler LLC in December and January, with another $4 billion likely available in February. It also would provide the government with non-voting warrants, although the exact amount was unclear immediately. Ford Motor Co. has said it doesn't need short-term assistance. But there's a poison pill The deal is contingent on the companies' showing that they are financially viable by March 31. If they aren't, the loans will be called and all funds must be ...

Forget nationalizing banks
Comments from Left Field — Let’s nationalize GM, first. General Motors Corp. and Chrysler LLC told the federal government they need at least $21.6 billion more combined in bailout loans to put them on the road to recovery, and outlined possible scenarios if either auto maker should have to file for bankruptcy protection. [...] GM also said it will shut five more factories on top of the closures it had already planned. In addition, it plans to eliminate thousands of dealerships and slash 47,000 jobs this year around the world. But wait!  It gets better!: GM said it might ...

Who Wants to Go Halfsies on a Chevy Cobalt?
Hit & Run — GM has announced a new "ambitious" restructuring plan that would stick the U.S. government with a majority stake in the carmaker: General Motors Corp. outlined a revamped survival plan Monday that would leave the U.S. government as its majority owner in return for an extra $11.6 billion in federal aid. The plan includes an ambitious debt-swap offer that could move the auto maker closer to restructuring through bankruptcy court. GM plans to cut another 7,000 staff, halve its dealer network and kill its Pontiac brand in an effort to secure government support after its existing proposal was rejected in ...