All Entries Tagged With: "bailout"

Boycotting Chrysler and General Motors

The federal government announced Friday that it will help Detroit’s ailing automakers survive at least another few months by offering $17.4 billion in rescue loans in exchange for concessions from carmakers and their workers. $9.4 billion is allocated for General Motors and $4 billion for Chrysler. An additional $4 billion will be made available to [...]