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GM, Chrysler and Ford to be bailed out

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Old 19 December 2008, 04:30 PM
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SunnySideUp
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Post GM, Chrysler and Ford to be bailed out

BBC NEWS | Business | Bush unveils $17.4bn car bail-out

I wonder if their corperate jets and limos will be mothballed??
Old 19 December 2008, 04:41 PM
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EddScott
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Not so much new money just giving some of the $700bn earmarked for the financial sector to the car market.

If they asked for $34bn a few months ago and are only getting $17.4bn where are they finding the rest from?

More like a stop gap payment and they'll need more in short time.

Way to waste yet more money - good luck to em! PAH!
Old 19 December 2008, 09:43 PM
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unclebuck
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Originally Posted by SunnySideUp
BBC NEWS | Business | Bush unveils $17.4bn car bail-out

I wonder if their corperate jets and limos will be mothballed??
Corperate?

Doubt it. Good point though, there could be some bargains to be had there for the man with a bit of spare cash.

Dip you bread!!
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