| FOX News |
VS |
NY Times |
| Federal Government to Loan Automakers $17.4B |
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Bush Gives Emergency Loans to Automakers |
| 12/19/2008 1:51 PM EST |
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12/19/2008 1:51 PM EST |
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...from carmakers and their workers.The government will have the option of becoming a stockholder in the companies, much as it has with major banks, in effect partially nationalizing the industry.At the same time, Treasury Secretary... |
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...until March 31 to restructure. The loans, as G.M. and Chrysler teeter on the brink of insolvency, essentially throw the companies a lifeline from the taxpayers that will keep them afloat until March... |
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Posted by contra 12/19/2008 1:51 PM EST
FOX News
Federal Government to Loan Automakers $17.4B
NY Times
Bush Gives Emergency Loans to Automakers
| FOX News |
VS |
MSNBC |
| Federal Government to Loan Automakers $17.4B |
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Automakers get $17.4 billion lifeline from gov't - Autos- msnbc.com |
| 12/19/2008 1:42 PM EST |
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12/19/2008 1:42 PM EST |
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...the auto industry $17.4B. The federal government will help Detroit's ailing automakers survive at least another few months by offering $17.4 billion in rescue loans in exchange for concessions from carmakers and their workers.The government will... |
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...danger to the national economy, the Bush administration approved an emergency bailout of the U.S. auto industry Friday, offering $17.4 billion in rescue loans in exchange for concessions from the deeply troubled carmakers and their workers. The... |
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Posted by contra 12/19/2008 1:42 PM EST
FOX News
Federal Government to Loan Automakers $17.4B
MSNBC
Automakers get $17.4 billion lifeline from gov't - Autos- msnbc.com
