Are the Big 3 Next in Line for a Government Bailout?

Posted Nov-12-08 at 12:00 AM By Jackie
Looks like Wall Street isn't the only U.S. market in dire need of government assistance in today's fragile economy. The auto industry has experienced such a rapid decline since the beginning of the year, the biggest American auto makers are begging for a portion of that infamous $700 billion rescue plan. Speaker of the House Nancy Pelosi proposed an auto bailout bill yesterday, which could potentially extend the reach of the government funding beyond the financial industry. GM, Ford and Chrysler [...more]
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