US automobile industry (Ford, GM and Chrysler) Bail out plan is examined at present. but rejected, why in the first time? See highlighted. I estimates, the chances too gets bail should quite highly. Reason into blue. Just for laugh. After everything, which for world economy out (or should I say, US) carry can, thus the three giants in the automobile industry more closely shop. SOURCEs: www.businesstime.com.sg Car Bosse dump jet, beg for US $ 34b three separate surviving of plans auto loan Ceres of Chrysler, GM, Ford examined (WASHINGTON) Detroit Big Three car of high-level personnel have ditched its Corporate jet for hybrid cars and replace vague causes of action for federal assistance with detailed requirements for as much as US $ 34 billion into their second Crack on conviction congress to throw their to fight enterprise a life vein. Into their first round of the causes of action for
a rescue government in the past month, the three large high-level personnel Conservative Episcopalians Vote to Create Alternative Branch - Washington Post it came into Washington on separate private jets and furiously legislator which said that her not the responsibility for their enterprises of problems or reason of a federal rescue operation. I invent, we much learned that, Ford Chief Executive Alan Mulally said the experiences. It, like also GM-CEO Rick Wagoner and Chrysler boss Bob Nardelli, are all drive 840 km from Detroit to Washington in fuel saving hybrid car for hearings today and tomorrow. Mr. Mulally and Mr. Wagoner auto loan Ceres both said that it would function for 1 US Dollar per year - something Chrysler plan said the fact that Mr. Nardelli already does -, if has its enterprises each government loan money. Ford offered, around which procedure to break off and employees earn
management Boni throw in the next year, and GM said, it would pay diagonal stroke of Top high-level personnel. Ford and GM also said that they sell their corporate aircraft. Congress leaders are three separate Kansas tops list for biodefense lab - Kansas City Star examination surviving plans of Chrysler LLC, general of engine Corp and Ford engine CO, since they weigh whether the legislator call back after Washington for a special meeting of the next week at the vote over an automatic rescue operation. In blueprints at Capitol Hill at Tuesday, GM and Chrysler said that they needed an immediate infusion from cash government to the New Year's Day, and both said that it could draw the entire industry, if they fail. Ford auto loan Ceres becomes the request on US $ 9 billion Standby line of credit that it says it does not expect, to use
it is, from the other large three goes to belly. But Chrysler said that necessarily, US $ 7 billion do not run from year to end. GM and asked to need around immediate US $ 4 billion as the first Tranche of US $ 12 billion loan, plus US $ 6 billion line of credit it could, if Senate recount: Pendulum swings to Franken - Minneapolis Star Tribune the economic conditions worsen. The two painted direst portraits on the newest conditions - also the prospects the catch factories and substantial loss of jobs - of what could happen, if congress not step in fast. Democratic leaders expressed the fear and the desire to do something around a car manufacturer collapse, but them do not have obligations to help an industry, have few friends lately on the Capitol Hill. It is my hope that we to the support auto
loan Ceres of the car manufacturers, house Speaker Nancy Pelosi said a legislation. Senates Majority Leader Harry Reid said, became he the basis to coming Monday for a possible vote over an automatic rescue operation measure. All three plans of the government get a portion to the automobile companies, which it makes possible, the taxpayers to divide in the future of profits, if them again. Heads of state and government United Auto Workers (UAW) trade union became also to discuss, further Cops: Crowd confrontation sparked Black Friday stampede - Newsday concessions with an urgency meeting in Detroit yesterday. With consideration the possibility of the scrapping much-slanders jobs bank, with that the employee off hold receive most to their payment and to the shift automaker payments into a multi-trillion-dollar trade union administered funds health care. Nevertheless, still a hard sell autorescue operation on the Capitol Hill. Senator Arlen Specter, a
republican Pennsylvania, said that the tendency is not open in the congress supports the car manufacturers, even if it the auto loan Ceres consequences of only of them a not kataklysmischen. To two of the three large ones say that it cannot survive up to the end of the yearly, and if or several goes all three to go, Mr. Specter said to Round Table discussion in Philadelphia. Senator Chris Dodd of Connecticut, chairman of the senate banking of committee, said to still prove that the automakers that they can to survive and work profitably. If these enterprises demand congress for the auto loan Ceres taxpayers dollar, must them convince, that they go to arrange and, he said its possibilities in an explanation. Its committee is to be heard, today certification of the cars of high-level personnel, UAW boss Ron Gettelfinger, and the director/conductor of the Government Accountability
Office on the enterprises of plans. The house committee for financial services is it, a similar meeting tomorrow. - AP
Wednesday, December 3, 2008
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