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: Lex ScriptaAuto bailout approved
By Dallas Association of Law Librarians
Excerpt from NY Times article:
Bush Approves $17.4 Billion Auto Bailout
New York Times Online
By DAVID M. HERSZENHORN and DAVID E. SANGERPublished: December 19, 2008 WASHINGTON
? President Bush on Friday announced $13.4 billion in emergency loans to prevent the collapse of General Motors and Chrysler, and another $4 billion available for the hobbled automakers in February with the entire bailout conditioned on the companies undertaking sweeping reorganizations to show that they can return to profitability.
Full post as published by Lex Scripta on December 19, 2008 (boomark / email).
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