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    GENERAL MOTORS AND CHRYSLER BAILED OUT
    December 19, 0 - United States

    An emergency bailout of General Motors and Chrysler has been announced by President Bush which gives the companies a few months to get their businesses in order. Barack Obama will be handed the political task of ruling on their future. The bailout will be putting $13.4 billion into the companies by mid-January from the fund that Congress has authorized to rescue the financial industry. The two companies have until March 31st to produce a plan for long-term profitability, including concessions from unions, creditors, suppliers and dealers.

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Website preview thumbnail for : The Law Office of Burns & Jain
Many of our clients are victims of personal injuries. They and their families need clear and concise counsel to help them with the legal aspects of their claims. The insurance companies are stacked...
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Has grown into the largest supplier of live entertainment for weddings, corporate events and private parties in the UK. With over 90,000 previous customers and an artist roster of over 1750 bands, ...
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