Friday, December 19, 2008
Is $17.4 Billion Even Enough??
Looks like the Feds finally went on and gave the automakers some money. The troubled U.S. auto industry will receive emergency loans of up to $17.4 billion from the federal government in return for an extensive restructuring of its outstanding debt and labor costs over the coming year, President Bush said today. Man just when I was about to buy the brand new 26" 12 speed Huffy. LOL
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U.S. Automakers
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