White House: Managed bankruptcy an option
WASHINGTON – For the first time, the Bush administration said today that arranging bankruptcy was one of the options it was considering as part of direct aid to General Motors and Chrysler.
Chrysler shutdown to idle 46,000 for month Retooling loan requests at $30.8 billion GM denies report of Chrysler merger talks ROCHELLE RILEY Offer help one vehicle at a time Read Comments(129)Recommend(9) As America waits for President George W. Bush to make one of the most important decisions of his presidency, the rest of us have a decision to make as well. Can the average Joe save the carmakers?
COMMENTARY: Low gas prices hurt U.S. Complete coverage: Detroit 3 in crisis
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