By KEN THOMAS The Associated Press Wednesday, October 21, 2009; 1:41 PM WASHINGTON — Shockingly poor financial management at General Motors and Chrysler weakened their case for a federal bailout, but officials feared letting them collapse, the former head of a government auto task force said Wednesday. In a first-person account posted on Fortune magazine’s [...]
If you spent a million dollars a day beginning at Jesus’ birth through today, you’d come up just shy of 800 billion. Incredibly, Chuck Schumer says you don’t care about Congress’ “porky” spending projects. Sad to say, for the most part, I think he may be right.
Chrysler is betting the farm on a Fiat alliance. Will that be enough to keep the #3 US automaker afloat? Read Chrysler’s viability plan | Freep.com | Detroit Free Press
Who knows when the bleeding will stop? These are unprecedented times indeed. Briefing.com: GM, Chrysler Ask for Billions More
