House committee looking into Ford's decision to pull bailout add
By Drew Johnson
Sep 30th, 2011
The House Oversight and Government Reform committee is calling on Ford to explain why it recently decided to pull its television commercial that was critical of the government’s bailout of...
Poof! $20B Likely Lost On GM, Says Former Auto Czar
By Joann Muller
Sep. 20 2010
If you were missing $20, would you be willing to write it off as “lost money”? What if you lost $20 billion?
The thought went through my head as I was perusing Steven Rattner’s new book, “Overhaul: An...
GM's Akerson: Taxpayer payback will take several years
September 16, 2010 - 9:00 am ET
DETROIT (Reuters) -- General Motors Co. results "over the next several years" will determine how quickly the U.S. government bailout that saved it last year is paid back, GM CEO Dan Akerson...
Rattner's memoir opens curtain on auto bailouts
The Detroit News
September 03, 2010
Washington -- The Obama administration vetoed attempts by General Motors to abandon its Detroit headquarters, a new book by a former top auto adviser reveals.
The revelation comes in a...
. . . for supporting Obama? Maybe? :rolleyes:
Sent: Wednesday, December 10, 2008 9:12 AM
Subject: Action Alert -- Auto Bailout
Today at noon, Senators Ensign, Shelby, Coburn and DeMint will hold a press conference in the Senate Radio/TV Gallery. They would appreciate our support...
Analyst: GM equity may vanish in bailout
DETROIT (Reuters) -- General Motors' equity may be largely if not entirely wiped out as it complies with the restructuring targets laid out in the U.S. auto bailout, an analyst at Credit Suisse said.
"Over the next two months ... it...
GM, Chrysler considering bankruptcy to get bailout: report
(Reuters) – General Motors Corp and Chrysler LLC are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multi-billion dollar government bailout, Bloomberg reported, citing a person familiar...
The New York Times
Ford Scion Looks Beyond Bailout to Green Agenda
DEARBORN, Mich. — As the Detroit auto companies contend with their worst financial crisis in decades, the most famous American auto executive has stayed largely out of sight.
Ford has already begun to transform its...
Compromise reached in Senate on auto bailout
AND DAVID KUSHMA
NOVEMBER 20, 2008 - 12:48 PM ET
UPDATED: 11/20/08 1:18 P.M. EST
Key members of the U.S. Senate have reached a bipartisan deal to fund a rescue package for the Detroit 3, according...
WASHINGTON -Treasury Secretary Henry Paulson told Congress on Tuesday that the administration remains firmly opposed to dipping into the government's $700 billion financial bailout fund for a $25 billion rescue package for Detroit's Big Three automakers, no matter how badly they need the help...
Ford CEO on bailout opposition: Past is past
(CNN) -- Ford Motor Company chief executive Alan Mulally defended his company Tuesday against charges that Ford caused its own problems and said bailing out Detroit was essential to the U.S. economic recovery.
Hours before Mulally and other...