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Bush to Provide Emergency Loans to GM, Chrysler (WaPo)Quicklink Submitted By Richmond Shreve 2 comments
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| 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. |
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Richmond Shreve Social Media Pages: 
Richmond Shreve is a retired business executive whose careers began in electronics (USN) and broadcasting in the 1960s. Over the years he has maintained a hobby interest in amateur radio, and the audio-visual arts while working in sales and (more...)
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