The President will announce his plan to “rescue” U.S. automakers at 9 a.m. ET.
Late Update: The WSJ is reporting that the White House has decided to go with $17.4 billion in loans to the carmakers rather than the “orderly” bankruptcy approach.
The President will announce his plan to “rescue” U.S. automakers at 9 a.m. ET.
Late Update: The WSJ is reporting that the White House has decided to go with $17.4 billion in loans to the carmakers rather than the “orderly” bankruptcy approach.