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Home Front Economy |
U.S. to use bank bailout to aid automakers |
2008-12-13 |
Following the collapse on Thursday evening of efforts to rescue U.S. automakers with congressional legislation, the Bush administration shifted positions on Friday and said that it would dip into the money set aside for the $700 billion financial bailout to keep General Motors and Chrysler from going bankrupt. |
Posted by:john frum |
#4 So that Bambi can be blamed ... |
Posted by: Steve White 2008-12-13 22:43 |
#3 Why delay the inevitable? |
Posted by: DarthVader 2008-12-13 21:50 |
#2 The strategy is to keep them from going under in the next month and a half. |
Posted by: DoDo 2008-12-13 21:30 |
#1 Very cohesive strategy. NOT!!! |
Posted by: bigjim-ly 2008-12-13 20:28 |