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Bush Approves Bailout: U.S. Automakers to Receive $17...
By Scott on December 19, 2008 | No Comments
Friday morning shares of Ford Motor Co. and General Motors Corp. surged on Wall Street (with private owned Chrysler cheering in the background) as news of President Bush’s $17.4 billion auto industry bailout sunk in with investors. The President approved the immediate release of $13.4 billion fr... -
Democratic Leaders Stymie $25 Billion Auto Bailout
By Scott on November 24, 2008 | 2 Comments
Thursday, Democratic leaders denied General Motors Corp., Ford Motor Co., and Chrysler LLC a $25 billion bailout to provide aid to the ailing American auto industry. The Big Three U.S. automakers are struggling to stay afloat heading into 2009 amongst an economic meltdown. It was recorded that t...





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