Bailing out the automakers?
Posted by Moonage on 10 Nov 2008 | Tagged as: economic-policy
This is becoming somewhat of a routine it seems:
GM said it will nearly exhaust its cash cushion by year’s end, leaving barely enough for day-to-day operations through the first half of 2009. It said it has ended merger talks with Chrysler, delayed future product plans and cut benefits. But it said those measures may not [...]
