Archive for the ‘recession’ Category

Auto Bailout FAQ – 14 Things You Need to Know

Sunday, December 21, 2008 17:40 Comments

For all the media coverage of the bailout, there’s been little talk of details.  Here are 14 questions that explain everything you need to know about the bailout.
1. Why is a bailout needed?
According the Bush, letting Chrysler, Ford, and GM collapse is not an option in the middle of a recession, housing slump, and credit crunch.
The [...]

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This was posted under category: bailout, cars, economy, recession Tags: , ,