government loans

UAW Agrees to Make Changes

Donklephant  Wed, 12/03/2008 - 5:39pm

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The United Auto Workers apparently believes the U.S. auto industry really is in serious trouble.

Today, the UAW announced, it is willing to make serious concessions to help automakers secure government loans.



 

Another Bailout: Government Loans AIG $85 B

NPR Programs: Morning Edition  Wed, 09/17/2008 - 6:38am

The federal government agreed Tuesday to make an emergency loan of $85 billion to American International Group in exchange for a nearly 80 percent equity stake in the company.

Why did the Federal Reserve act to save AIG and what does it mean?

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Auto industry to press Congress for $50B in loans (AP)

Ytop stories  Sun, 09/07/2008 - 8:58am

AP - Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling car makers build more fuel-efficient vehicles.