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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: auto bailout

auto bailout stories: 105 news summaries

101 - 105 of 105 Stories | << Prev 1 2 3 4 5 6

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Auto Bailout Unlikely
Until Obama Takes Office

Detroit automakers warn that next year may be too late for rescue

Nov 14, 08 2:55 AM CST
(Newser) - It’s looking unlikely that a new economic stimulus package and a Detroit bailout will happen this year, the Wall Street Journal reports. The proposals are facing stiff resistance from Republicans and may have to wait until the new, more heavily Democratic Congress convenes in January and Barack Obama takes... More »

MORE ABOUT:
Bush administration • Harry Reid • auto industry • congressional Democrats • economic stimulus package • financial crisis • President Obama • auto bailout

(Newser) - Nancy Pelosi plans to convene a lame-duck House session to vote on an expanded rescue of the auto industry, the Wall Street Journal reports. “I am confident Congress can consider emergency assistance legislation next week,” the House Speaker said. Both GM and Ford have said they are... More »

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Nancy Pelosi • Congress • Senate • General Motors • House of Representatives • Ford • auto industry • bailout • George W. Bush • auto bailout

Dems Push Paulson to
Fund Big 3 Automakers

Pelosi, Reid want $700B bailout to aid GM, Ford, and Chrysler

Nov 8, 08 4:56 PM CST
(Newser) - Congressional Democrats are urging Henry Paulson to pump funds into the sputtering Big Three automakers, Politico reports. In a letter to the treasury secretary, Nancy Pelosi and Harry Reid called for a broadening of the $700 billion bailout package to help GM, Ford, and Chrysler qualify for federal aid. A... More »

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Nancy Pelosi • Congress • Chrysler • Harry Reid • General Motors • Henry Paulson • Ford • Treasury Department • auto industry • bailout • auto bailout

OPINION

Auto Bailout
Is a Lemon for Taxpayers

Bankruptcy is just
what Detroit needs to straighten itself out

Oct 29, 08 11:35 AM CDT
(Newser) - Automakers just got a $25 billion loan from Uncle Sam, but now here GM and Chrysler are again, hat in hand, asking for another $10 billion to facilitate their merger. But the “deal is a lemon,” writes Steven Pearlstein in the Washington Post. Yes, the economy would... More »

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Chrysler • bankruptcy • General Motors • Detroit • merger • auto industry • bailout • auto bailout

Congress' Big Auto Bailout Mired in Red Tape

Money coming later rather than sooner

Oct 22, 08 9:59 AM CDT
(Newser) - Detroit's $25 billion loan is sitting in Washington, the Washington Post reports, and may take more than a year to distribute, despite the auto industry's increasing desperation for the cash. The Energy Department, which was tasked with doling out the money, says various legal and administrative requirements will drag... More »

MORE ABOUT:
Congress • Detroit • Carl Levin • auto industry • Big Three • red tape • loan • auto bailout

101 - 105 of 105 Stories | << Prev 1 2 3 4 5 6


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