Nardelli: Why Chrysler Needs a Bailout (BusinessWeek Online via Yahoo! News)

November 19th, 2008 | by admin | Limo Service Chicago IL ARY Limousine Charters

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Added: November 19, 2008

Wed, 19 Nov 2008 07:11:08 -0800
Bigger Than Detroit?s Fate
Senate Banking Committee Chairman Christopher Dodd (WDCpix) More than 50 years ago, when the head of General Motors said that what?s good for General Motors is good for America, few would have disagreed. But Tuesday, the company?s CEO couldn?t convince a panel of 21 senators that the idea still rings true. Along with the heads of Ford and Chrysler, Rick Wagoner urged senators to lend $25 billion in emergency aid to the three teetering auto makers. Without that help, the executives warned, one

Wed, 19 Nov 2008 10:01:30 -0800
BofA CEO: There are ‘1 too many’ Detroit 3 members
The chief executive of a major U.S. bank that received $25 billion from the government’s financial bailout package said Tuesday that federal aid shouldn’t be dispensed to the ailing Detroit Three automakers - …

Wed, 19 Nov 2008 18:40:50 GMT
Editorial: Bailout Watch 220: ?We?ll Be Back;? Chrysler?s Dead
When Senator Bob Corker (R, TN) pressed Ford, Chrysler and GM’s top suits for a pledge that they won’t be back for more money– should they be granted $25b in taxpayer-backed loans– only GM CEO Rick Wagoner answered.

Fitch May Downgrade Chrysler To ‘CC’ Without Federal Aid (Fox News)
Fitch May Downgrade Chrysler To ‘CC’ Without Federal Aid

Wed, 19 Nov 2008 18:26:18 GMT

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