Late Thursday the U.S. Senate rejected the emergency bailout bill that would have provided upwards of $14 Billion to the Big 3 Detroit automakers. Many were hopeful of that was Full Article »
The Bailout for the Big 3 Automakers has made it through the U.S. House totaling $14 Billion. Not quite the original amounts of $25 Billion or even the $34 Billion Full Article »
It seems to be “very likely” that congress will reach a deal to loan the big 3 automakers a total of $15 Billion. That figure is much less than the Full Article »
President and CEO of the Ford Motor Co., Alan Mulally, says he will work for $1 a year if they have to take from the government loan money. In addition, Full Article »
