Tag Archives: big three

Bush to the Rescue?????

Posted on December 13, 2008 by billmanzi

President Bush appears to be moving towards offering some relief to the auto industry, as he has reportedly dropped his opposition to utilization of the T.A.R.P. funds allocated by Congress earlier this year. Talks have begun, with details hard to … Continue reading →

Posted in National News | Tagged , , , , | 9 Comments

Obama criticism of the Big Three

Posted on December 8, 2008 by billmanzi

President-elect Barack Obama, in a Meet the Press appearance yesterday, said that management of the Big Three had been deficient. From MSNBC: …while President-elect Barack Obama accused car industry executives of a persistent “head-in-the sand approach” to long-festering problems. Obama … Continue reading →

Posted in National News | Tagged , , | 3 Comments

G.M. on the brink

Posted on December 3, 2008 by billmanzi

General Motors submitted a revised business plan to Congress in the hopes of getting Congressional approval for a large federal bailout. G.M. noted in its filing that without at least $4 billion before the end of the calendar year it … Continue reading →

Posted in Uncategorized | Tagged , | 1 Comment